Economic Affairs
  • Year: 2019
  • Volume: 64
  • Issue: 1

Economic Efficiency of Milk Procurement in Sirsa Cooperative Milk Plant (Haryana)

Department Economics, National Dairy Research Institute, Karnal, Haryana, India

*Corresponding author: ripidoni14@gmail.com

Online published on 20 April, 2019.

Abstract

The present study was conducted at a cooperative milk plant having the capacity of 1.1 lakh Litre Per Day (LPD). The investigation was carried out to study the cost of procurement and economic efficiency in the cooperative milk plant Sirsa (Haryana). The study shows that procurement cost was ` 1.83 per litre of milk. Among all the cost constituent in procurement process transportation cost had the highest share (43.72 per cent) followed by collection cost (26 per cent), chilling cost (21.86 percent) and reception cost (8.20 per cent).

Keywords

Cooperative milk plant, economic efficiency, procurement