Economic Analysis of Dairy Farmers in Haryana

Description

Page: 285-291

Manju Loura¹, Jyoti², Suman Ghalawat³, Megha Goyal⁴, Subodh Agarwal⁵, and Meenakshi Azad⁶ (Department of Business Management, CCS Haryana Agricultural University, Hisar, Haryana¹, ², ³, ⁴, ⁵, and Tecnia Institute of Advanced Studies Delhi, Delhi⁶)

India contributes the largest to the world’s milk production. The primary goal of the research was to investigate the economics of different dairy units in Haryana. Haryana was split into two agriculture zones, Eastern zone and Western zone. Multistage stratified random sampling was used for the current design of the study. The Haryana state districts of Kaithal, Karnal, Hisar, and Sirsa were specifically chosen. Zone I in the study at hand covers the areas of Kaithal and Karnal. Zone II districts were Sirsa and Hisar. The locations with the highest concentration of milch animals, Karnal and Kaithal in the eastern region and Hisar and Sirsa in the western region- were chosen. The total costs, gross returns, returns over variable costs, and net returns of various dairy farm types were computed using a tabular method. This study Haryana. Due to higher average milk output and prices in Zone-II compared to Zone-I, average gross returns from Zone-II were higher. We conclude that net returns decline with a rise in the size of the herds in each Zone of Haryana, but in different proportions, since when the herd grew, so did the overall fixed costs. On the basis of the study’s findings, appropriate recommendations were made.