Best Practices for Implementing an External Recruiting Partnership
Goat farming
1. INSTITUTE OF PROFESSIONAL EDUCATION AND RESEARCH
Principle ofManagement
Submitted by
Isha Agrawal
Irfan Khan
Sudhanshu Ajmera
Vanshika Tejwani
Yashwin Raghuvanshi
Yati Yadav
B.B.A. I year
Section - B
Submitted to :
Prof. Owais Qureshi
Principle of Management Professor
3. Farming has been the key occupation of
people since independence. The major
occupation of all the people have been
agriculture in the past in India. The history of
agriculture dates back to Indus valley
civilization. These days at present India has
been ranked second worldwide in farm output.
4. Goat is commonly known as ‘Poor man’s Cow’ in India and is very
important occupation in dry land farming system.
Goat farming is not a new enterprise. Rearing goats is a profitable
business. Generally goat farming means rearing goats for the purpose
of harvesting milk, meat and fiber. At present, goat farming has
become a profitable business and it requires a very low investment
because of its multi-functional utility.
You can produce a wide variety of products from goats, such as
milk, meat, fiber, manure etc.
Goat’s milk is used for producing full cream goat powder, skimmed
goat milk powder, goat butter, goat milk cream, fresh goat milk
etc.
Goat meat is a great source of consumable meat which is very
testy, nutritious and healthy.
And goat’s wool is being used in many purposes and skin of goat
plays
a vital role in leather industry.
5. • Goats don’t require huge area for housing because their body
size is comparatively smaller than other livestock animals.
• Usually goats are very friendly in nature and very lovable.
• Goats are good breeders and they reach sexual maturity within
their 7-12 months of age and give birth of kids within a short
time. And some goat breed produce numerous kids per kidding.
• Risks are less for goat farming (even in drought prone areas)
than any other livestock farming business.
• Both male and female goats have almost equal value/price in the
market.
• Goat meat and milk are cholesterol free and easily digestible.
• Goat milk is used for making various types of foods and it’s very
easy to digest than milk of cows.
6. It is very necessary that before starting up any business one
should always have a clear understanding of the business and the
area of that business and even most importantly person’s
interest in that field. There should be a suitable and effective
business plan in hand before commencing any kind of business.
One should make a mind set up before investing his money in
business and one should always study the pros and cons of the
business plan and then proceed further with the implementation
of the idea.
Goat farming has been proved as highly profitable business idea
so it is very essential to make a proper goat farming plan before
starting this business. Goat farming is such a business which
requires fewer amounts of capital and investment as compared
to any other livestock. And as a result business ends up in
getting higher profits as compared to any other livestock farming
projects.
7. For starting and
maintaining a profitable and
successful business, you must
have to make a proper and
effective goat farming
business plan and go
according to the plan. Here
we are shortly describing the
necessary steps for starting
goat farming business..:
8. Always try to select a suitable farm land/area for your business that
has all required facilities for successful goat farming business. The
necessary facilities for goat farming business includes the followings.
Great source of fresh and clean water supply.
Availability of all types of equipment.
Easily available food source.
Fertile field for crop, grasses and other green plant production.
Feeding green food keeps the animal healthy, productive and reduces
feeding costs.
Availability of full time labor.
Good transportation and veterinary service.
A market near the farm land so that you can sell your products easily
and buy necessary commodities.
9. Popular breeds in India are:
Sirohi,Jamnapari,Surti,Tellicherry,Beetal,Malabari,Barbari,Blackbengal
,Osmanabadi and Boer.
For a profitable goat farming there should be 3 kidding for 2
years.Goats with faster growth rate and larger size shoould be used
for breeding.
Some of the available goat breeds are famous for tasty and nutritious
meat and some breeds are famous for milk production. Some Indian
goats are also highly meat and milk productive.
Dairy goats are raised mainly for commercial milk production or for
family milk consumption. They can also be displayed at trade shows.
10. Housing is an important factor for profitable
goat farming business. Small scale farmer
generally keep their goats with their other
livestock animals. But for commercial
production, a good quality goat housing
system is highly recommended for better
production. A good house not only give shelter
and protects the goats from predators but also
prevent them from various types of goat
diseases. Always keep the house neat, clean
and dry. Make proper ventilation and drainage
system inside the house. Also ensure the
availability of sufficient fresh air and light
inside the house. Housing and goat farm
design are of various types according to the
production type and breed.
11. Marketing is the most important
but easiest step of goat farming business.
Goat products like meat and milk has a
huge local and global demand and
popularity. Almost all types of people like
goat milk and meat. So, a good market is
already available in almost every place of
the world. You can easily sell your
products in your nearest market.
Commercial producers can target the
international market and export the
products in foreign countries.
12. Well goat feed management is
also very essential for commercial goat
farming business. Goats are not
carnivorous animal. They don’t eat other
animals. Usually goats prefer to eat
grasses, plants, shrubs, weeds and herbs.
Besides those feeds, goat also need
energy, portion, vitamins, fiber and
water for proper growth and for making
better profits from this business. It will
be better if you have sufficient
knowledge aboutwhat to feed goats.
13. Always try to take good care of your goats.
Never feed them contaminated food or polluted water.
Keep their house as much neat and clean as possible.
For commercial production, keep kids, bucks and does
separated for each other. Take extra care to the breeding bucks,
kids and pregnant does.
Keep the kids with their mother for several weeks after their
birth.
Avoid using same buck for mating with numerous does at same
day.
Vaccinate them timely, for keeping them free from all types of
diseases and health problems. If possible, stock some necessary
vaccines and medicines and keep good relation with a veterinary
doctor.
14. Total expenditure and profit from goat farming business depends on the
farming system, location, breeds, feeding cost and some other factors. By
good planning and proper management you can easily make goat farming
business profitable. Small scale farming require less investment and profit can
contribute your regular income. Large scale or commercial production require
high investment and some other additional costs. For a purchase of 1 cross
bred cow, one can purchase 10 quality goats. Goats have shorter gestation
period i.e. 150 days. The population of
goats is increasing at tremendous rates though 60% of the goats are
slaughtered every year.
Total life of goats – 15 years
Productive life- 7 years
Pregnancy period- 150 days
Manure available for 1 adult goat in 24 hours is 1 kg
15. NABARD (national bank for agriculture and rural
development) is one of the banks which is arranging for
loans for goat farmers on a very large scale. The minimum
down payment collected from small farmers is only 5% of
the total investment. The repayment period of loan is
nearly about 6 years. The grace period given to goat
farmers is 1 year. The interest rate levied on loans taken
for goat farmers is 12%.
16. After analyzing the goat farming project it can be
said that as there are less number of competitors in the
market and the competition power of goat milk is high
therefore the existence of this business would be highly
profitable. The set up of goat milk on Punjab in Moga
would be highly profitable because there are no goat
farms nearby and there is intense need of goat farm in
that area