Sericulture is a part of BRAC's Employment and Income Generation (EIG) programme started in 1978. Major components of the programme are: a) nursery; b) mulberry plantation; c) rearing of the silkworms; d) reeling and e) weaving. The study aimed to measure the efficiency of the programme from the participants' as well as the organizer's point of view. Results showed that the programme involved a significant proportion of full-time housewives and created employment opportunity for them. All the participants earned accounting profit from the activities they were involved in. The net economic gain was also found positive for most of them although the amount was negligible. For BRAC the cost of services provided to the programme participants was higher than the amount it received as service charge which has even increased over time.