1Assistant Professor, Lovely Professional University, Phagwara-144411 (Punjab)
2Professor, Department of Agricultural Economics, University of Agricultural Sciences, Bengaluru-560065 (Karnataka)
3Department of Agricultural Economics, Bidhan Chandra Krishi Viswavidyalaya, Mohanpur-741252 (West Bengal)
*Corresponding author's email: royarnab_94@rediffmail.com
Online Published on 06 February, 2023.
This study estimated the pattern of investment in the livestock sector in progressive and less-progressive states of eastern India over the period of 2011-12 to 2018-19. The results revealed that the large farms (83,453/farm) invested 3.7 times higher on livestock as compared to small farms (22,475/farm) in the progressive state, whereas large farms (45,965/farm) invested almost 2.9 times higher on livestock as compared to small farms (15,565/farm) in the less-progressive sate. Unlike the progressive state, the percentage of investment in livestock was higher for small farms than for large farms in a less-progressive state. Annual income and borrowed capital in the progressive state, whereas irrigated land, education, and borrowed capital in the less-progressive state significantly influenced the farm investment.
Borrowed capital, Farm investment, Livestock enterprise, Local government, Progressive state