Indian Journal of Economics and Development
  • Year: 2015
  • Volume: 11
  • Issue: 4

Economic analysis of milk production in Parbhani district of marathwada region in Maharashtra-A study of small scale farms

1Ph. D Scholar, Department of Agricultural Economics, College of Agriculture, Indira Gandhi Krishi Vishwavidyalaya, Raipur-492012, Chhattisgarh

2Associate professor, Department of Agricultural Economics, College of Agriculture, Vasantrao Naik Marathwada Krishi Vidyapeeth, Parbhani-431402, Maharashtra

*Email ID: shreyagril@gmail.com

JEL Classification: M11, O13, O33, Q12, Q16

Abstract

The present paper attempts to examine the economics of milk production on small farms in Parbhani district of Marathwada region of Maharashtra state. A sample of 60 farmers was selected through multistage sampling technique. The major finding of economic analysis revealed that the composition of milch animals on selected farm was 180, which includes 23 local cows, 60 crossbreed cows and 97 buffaloes. At overall level total fixed investment on milch animals was `117541.19 of which share of crossbreed cow was highest (46.48 percent) followed buffalo (34.86 percent) and local cow (18.66 percent). Whereas, working capital investment per animal per annum was highest in the case of crossbred cow (`30833.13) followed by buffalo (`29815.42) and found lowest for local cow (`16987.29). The analysis also revealed that per liter cost of milk production was highest in case of local buffalo (`26.05) followed by local cow (`24.14) and lowest in case of crossbred cow (`14.52) with inputoutput ratio of 1.42 for crossbred cow followed by local buffalo (1.18) and then local cow (0.86).

Keywords

Buffalo, cost, crossbred cow, local cow, return, small farms