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Dairy Farm Entrepreneurship
Feasibility Study on Dairy Farm in Kheda District of Gujarat
________________________________________________________________
Dr. Govind Dave
Principal/Dean of Indukaka Ipcowala Institute of Management (I2
IM)
Faculty of Management Studies (FMS) CHARUSAT
Mr. Rajesh Sadhawani
Assistant Professor of Indukaka Ipcowala Institute of Management (I2
IM)
Patel Harsh
Student of Indukaka Ipcowala Institute of Management (I2
IM)
_____________________________________________________________________
Abstract
India is largest producer and consumer of milk in the world. Total milk production in India is
about 135 million tonne per year and growing with the rate of 3.3% while consumption level
is growing with 5.0%, this represent the high demand-supply gape which further expected to
increase as demand for milk is projected to be 181mt by 2020 (India Vision 2020). Gujarat
roughly produces 8% of total production across India. The main objective of the study is to
carry out feasibility study of dairy farming in Kheda district of Gujarat, where secondary data
are collected from national dairy development board and from other government websites.
The study is based on the SWOT analysis, trend analysis, scenario analysis and graphical
presentation. The research paper also focuses on cost-benefit analysis, limitation and
constraints, technological changes in dairy farms. The study is limited to Kheda district of
Gujarat only.
Key words: Dairy Farming, Dairy entrepreneurship, Cost-benefit analysis and Technology
in dairy farming.
INTRODUCTION:
Dairying is an important source of subsidiary income to small/marginal farmers and
agricultural laborers. Is the largest producer of milk producing more than 135 million tons of
milk per annum. The consistent rise in the milk production in the country. India's milk
production increased from 21.2 million tonnes in 1968-69 to 135 million tonnes in 2015.
India is the World largest producer of milk in the world with 135 billion liters of milk
produced annually based on 70 million animals according to various estimates in year 2015.
Animal husbandry and dairying activities play an important role in national economy and in
socio-economic development of the country. Across the country, dairy is concentrated in the
north-western states where the climate is more temperate. The top five states Gujarat, UP,
Punjab, Rajasthan, Andhra Pradesh - account for more than half of current production (2014).
This shows the growth in milk production across states. The fact that off the total milk
produced in the country approximately 42 % is cow milk must be remembered.
Gujarat is a land of opportunity for those who are looking for new and expanding markets.
Growth prospects in the dairy sector are very bright. growing with the rate of 3.3% while
consumption level is growing with 5.0%, this represent the high demand-supply gape which
further expected to increase as demand for milk is projected to be 181mt by 2020 (India
Vision 2020). Gujarat roughly produces 8% of total production across India1
. There for this is
big gap in milk production. This is opportunity for stating new dairy farm in Gujarat on
commercial base.
JEREMY D. FOLTZ, J. Maintaining farms rather than increasing the incentives for farms
to get bigger. As a policy instrument for increasing or maintaining cow numbers, price floors
such as the Dairy Compact can be more cost effective than pure subsidies in an industry with
price volatility and sunk costs because they operate both on the average price and the
variance. The importance of non-price variables in both the farm size and exit equations
suggests that price policy alone will not maintain dairy farming in an increasingly suburban
state such as Connecticut. However, policies such as the PDR program that lower pressures to
develop land, the price of land, and rural town growth rates were also not shown to be
effective. Since this work only measured one of the many possible land based policies, the
effect of such land based policies relative to output price policies represents an important
avenue for future research.
N. Rangasamy and J.P. Dhaka The marketing of milk and milk products by dairy plants of
co-operative and private sectors in Tamil Nadu high. In this Report all the data are related to
toned milk, standardized milk, full cream milk, flavored milk, butter and ghee from the
selected co-operative and private dairy plants of the Coimbatore district for the financial year
2001-2002. In this report they found that the marketing cost for toned milk is same in both
the dairy plants , whereas it is higher for standardized milk, full cream milk and flavored milk
in the co-operative dairy plant. The Production cost has been found less in the cooperative
plant for products like butter and ghee. All the dairy products earn more marketing margins in
the private than co-operative dairy plant, except for toned milk .The marketing efficiency of
cooperative dairy plant for all dairy products has been observed relatively less than that of
private dairy plant, except toned milk .In this study suggested development of co-operative
dairy industry in a sustainable manner, the co-operative dairy plants should formulate long-
term vision and strategy. In this study they observed that value addition in dairy products
should be done without compromising the quality and consumer-oriented market research
and development should be accorded greater attention.
Dr ML Kamboj, Senior Scientist at the NDRI Said Good quality feeding, genetics
appropriate to the local conditions and favourable levels of animal care are leading to good
health and welfare. This in turn delivers levels of productivity nearly six times higher than the
1
Milk Production by States National Dairy Development Board
current national average. Healthy, long-lived cows save on the cost of replacement and
expensive veterinary treatments and guarantee a stable milk supply. Training and regular
updating of dairy management knowledge is crucial in maintaining the dairy cattle’s health,
welfare and longevity, and ultimately the success of the dairy enterprise. Manure is recycled
and used on the land reducing the need for artificial fertilizers and excess manure in used as a
source of additional revenue. The farm uses several by-products from agriculture, ensuring a
good use of local resources. This also contributes positively to food security by transforming
biomass that is otherwise unusable by humans into milk. The final destination and the welfare
of male dairy calves is a challenging issue that needs to be addressed by the entire dairy
industry in collaboration with all interested stakeholders.
Anjani Kumar, Steven J. Staal and Dhiraj K. Singh this study has shown that in spite of
growing presence of modern milk supply chains in the Indian milk market, the traditional
milk supply chain is still dominant. Its dominance is even more pronounced in less-developed
states like Bihar. However, it is apparent that the traditional chain is being replaced with the
commercialization of dairying. The structure of milk marketing in Punjab is a clear pointer to
this conclusion. Upstream segments of the milk marketing chain in India have evolved
significantly, yet there is no clear and conclusive evidence that this is directly moving down
to the farm gate. However, the modern milk supply chain appears to be inclusive and the
resource poor dairy farmers (landless, small, marginal) are not excluded from the modern
milk supply chain. The traceability and food safety issues may further consolidate the
position of modern milk supply chains and the existence of the traditional chain would be
increasingly challenged. Further expansion of the modern milk supply chains by and large is
dependent on the development of milk collection infrastructural facilities at the doorstep,
incentive pricing and rewards for quality produce.
Capital cost
1 Housing of cow
Housing of cow is on dry, properly raised shed. this shed is not under water-logging, marshy
and heavy rainfall areas. The walls of the sheds should be 1.5 to 2 meters high and the walls
should be plastered to make them damp proof. sheds roof should be 3-4 meters high and the
cattle shed should be well ventilated. The floor should be pucca/hard, even non-slippery
impervious, well sloped (3 cm per meter) and properly drained to remain dry and clean,
Provide 0.25 meter broad, pucca drain at the rear of the standing space. A standing space of
2 x 1.05 meter for each cow is needed. And 5-10 sq. meter loaf space for each cow is needed.
For summer fan and ventilation are use in shade and cool drinking water is also needed. In
winter keep cow indoor during night and rain time and Provide individual bedding daily.
Sanitary is most important for cow there for Maintain sanitary condition around shed. Cow
Drain urine into collection pits and then to the field through irrigation channels. All dung and
urine dispose properly. A gobar gas plant will be an ideal way. Where gobar gas plant is not
constructed, convert the dung along with bedding material and other farm wastes into
compost. Give adequate space for the animals. Electricity is most important part of the shed
and water is important for cow there for 24 hour water supply is needed in shed
1 Cost of construction of cow sheds
Total 1600 sq. ft. of sheds is in up and in this aria 400 Rs per sq. ft. is cost of construction there for
640000 Rs is total construction of cow sheds
1600 sq. ft x 400 Rs = 640000 Rs
2 Cost of construction of young stock sheds
Total 800 sq. ft. of sheds is in up and in this aria 250 Rs per sq. ft. is cost of construction there for
200000 Rs is total construction of young stock sheds
800 sq. ft x 250 Rs = 40000 Rs
3 Cost of construction of store rooms
For 20 cow 200 sq. ft. of store rooms is in up and in this aria 200 Rs per sq. ft. is cost of construction
there for 40000 Rs is total construction of store rooms.
200 sq. ft x 200 Rs = 40000 Rs
2 Selection Cow
In India many types of cow are finding. The cows of milch breeds are high milk yields. The
examples of Indian milch breeds are shahiwal, Red Sindhi, Gir and Deoni The milk
production of milk breeds is on the average more than 1600 kg per lactation. And The cows
in Dual Purpose breeds are average milk yielder. Their milk production per lactation is 500
kg to 900 kg. The example of this group is Ongole, Hariana, Kankrej, Tharparker, Krishna
valley, Rathi and Goalo Mewathi.but this types of cow are not high milk yielders because in
India maximum 5 to 6 kg milk yields per day.In comparison of Frisians/ Holsteins, Jerseys,
Guernseys, Dairy Swiss ove cow breeds are nothing in milk production because this cow
milk production capacity is higher than Indian breeds. This cow breeds are given 15 to20 kg
milk in day. There for in India for the commercial use this types of cow are use.in Gujarat
Friesians/Holsteins and Jerseys cow breeds are use.
Jersey
Jersey breed was developed from the island of jersey in the English Channel off the coast of
France. The color in Jerseys may vary from a very light gray or mouse color to a very dark
fawn or a shade that is almost black. The females are commonly darker about the hips and
about the head and shoulders than on the body. Age at first calving is 26 to 30 months and
Inter calving is 13 to 14 months. Jersey cow give 5000 to 8000 kg Milk in year. Dairy milk
yield is found to be 20 liter in day. Whereas cross bred jersey, cow gives 8 to 10 liter per day.
In India this breed has acclimatized well especially in the hot and humid areas like Gujarat.
Holstein Friesian
Holstein Friesian breed is originated in Holland. Holsteins are large, stylish animals with
color patterns of black and white or red and white. Holstein heifers can be bred at 15 months
of age, when they weigh about 350 to400 kg. It is desirable to have Holstein females calve
for the first time between 24 and 27 months of age. Milk yield 7200-9000 kg. This is by far
the best diary breed among exotic cattle regarding milk yield. On an average it gives 25 liter
of milk per day,
whereas a cross breed H.F. cow gives 10 15 liter per day. It can perform well in coastal and
delta areas.
How To Purchase cow
Lactation Chart
cows are purchased in 2 batches at an interval of 5-6 months because cow give milk for 300
days in one year and if all cow are purchase at one time then 60 days we have on milk and
cost is high there for you can’t maintain your income and expenses there for you purchase
cow in 2 batches at an interval then you can maintain all process of farm
3 Cost of milking equipment
Generally milking machine is in one set but if you have more then ten cow then you need to
puraches two set milking machine in two set machine you can process with tow cow. One set
machine cost is around 25000 and two set milking machine set cost is around 50000.
4 Cost of liquid milk storage equipment is among 1000 Rs per One set and four cow
one set was needed. There for 5000 Rs was total for 20 cow.
5 Cost of fodder cutting equipment is among 10000 Rs per set and 10 cow one set
was needed. There for 20000 Rs was total for 20 cow.
6 Cost of standby power supply is among 300 Rs per month. There for it was 3600 Rs
per year.
7 Cost of misc. equipment is among 500 Rs per year for one cow. There for it was
10000 Rs per year.
8 Initial fodder cultivation cost is among 3000 Rs per acres. There for it was 12000 Rs
per year.
9 Misc. expenses is among 500 Rs per cow. There for it was 10000 Rs per year.
Recurring cost
1 Feeding during lactation period
2 Feeding during dry period
3 Veterinary aid is among 1000 Rs percow. There for it was 20000 Rs peryear.
4 Cost of electricity & water is among 1000 Rs percow. There for it was 20000 Rs
peryear.
5 Insurance is among 4% of price of cow. There for it was 1600 Rs percow and for 20 cow
is was 32000 Rs.
6 Labour wages
This work whit out possible if you do all work of dairy farm and For 20 cow two labors or
two family members are in up for complete this work. If you hire labors then you pay 6000
Rs per labors there for two labors it was 12000 Rs per month and 144000 Rs for one year
3 Cost of Fodder
Cost of production/purchase of green fodder
Cost of production/purchase of dry fodder
Cost of concentrate feed
In Market concentrate selling in gunny and generally it is pack in 70 kg. Amul produce this feed in kheda
regain. Today price of 70 kg of pack in 950 Rs. There for per kg 13.50 Rest is cost and in milk day 6 kg of
concentrate for one cow and for 20 cow it was 120 kg and cost of this feed is 1620 Rest in day. And in dry
day 1 kg of concentrate use for one cow there for is was 6 kg per day and it’s cost is 270 Rs total cost of
concentrate was approximately 502200.
Income
Sale of milk
Sales of milk is main income of farm and it was 30 Rs perlitter and Average number of milk
percow is 15 litter per day and one cow give 300 day in one lactation period. There for it was
2700000 Rs of 20 cows in one year.
Sale of gunny or bag
concentrate feed is purchase in 70 kg bag and empty bag sales in 35 Rs perbag and total
number of bag in year is 870. There for it was of 30600 Rs peryear.
Depreciated value of buildings
After five year building depreciated value is 660000.
cow dung in Trailers
cow dung is one income sours and per cow it was 1.5 Trailers. There for it was 50 trailers in
one year of 20 cow and seling price of one trailers is 1200 Rs. There for total income was
60000 Rs.
Depreciated value of equipments
After five year Equipment depreciated value is only 20000.
Closing stock value
After five year closing stock value is only 400000 Rs.
Two Units
No Perticular For 10 cow For 20 cow
1 Bank Loan (Rs) 672,825 1,342,950
2 Milk day (days) 2400 4800
3 Feed and Fodder (Rs) 319013 638025
4 Investment Cost (Rs) 897100 1790600
5 Costs (Rs) 1324113 2644625
6 Benefits (Rs) 1121815 2243631
7 Profit After Tax (Rs) 492955 986721
In both unit Break Even point is same because all expenses are variable types
cost
Break Even point
Total Cost =Total Revenue
Year Total Cost Total Revenue P A Interest &
Installment
1 2,644,625 2,243,631 897019
2 1,042,050 2,790,594 1134313
3 1,042,050 2,790,594 1051373
4 1,042,050 2,790,594 974139
5 1,042,050 3,870,594 1572853
1790600
Break Even Point is 685 days for both units.
Dairy Model Project for Twenty Animal Units (Cows)
A
Harsh A Patel
kapadawanj
20
1,790,600
1,342,950
447,650
5
10.00%
B
40,000
15
30
4
400
250
200
1
2
13.5
1000
1000
4.00%
72,000
2
35
1200
50
Number of labourer
Sale price of empty livestock feed gunny bags (Rs.)
cow dung(per Trailers)
dung Tralers in year
Unit size
Project Cost (Rs.)
Bank Loan (Rs.)
Annual wages of each farm labourer (Rs.)
Sale price of milk (Rs./lit)
Irrigated land required for fodder production (acres)
Cost of construction of cow sheds (Rs/sq.ft.)
Cost of construction of young stock sheds (Rs/sq.ft.)
Cost of construction of store rooms (Rs/sq.ft.)
Cost of production/purchase of green fodder (Rs/kg)
Cost of production/purchase of dry fodder (Rs/kg)
Cost of concentrate feed (Rs/kg)
Cost of veterinary aid per animal per year (Rs.)
Cost of electricity and water per animal per year (Rs.)
Rate of livestock insurance premium (%)
Cost of each cow (Rs.)
Overview
Name of the Proprietor
Address
Average daily milk yield of each cow (lit)
Margin Money (Rs.)
Repayment period (years)
Loan rate of interest (%)
Techno-Economic Parameters
C Lactation Chart
(cows are purchased in 2batches at an interval of 5-6months)
One cow in Milk day 300
One cow in Dry day 65
Year1 Year2 Year3 Year4 Year5
No. of animals in milk dry in milkdry in milk dry in milk dry in milk dry
First Batch 10 3000 650 3000 650 3000 650 3000 650 3000 650
Second Batch 10 1800 0 3000 650 3000 650 3000 650 3000 650
4800 650 6000 1300 6000 1300 6000 1300 6000 1300Total (days)
D
Rate/kg inmilk dry inmilk dry inmilk dry inmilk dry inmilk dry inmilk dry
Greenfodder 1 35 30 168000 19500 210000 39000 210000 39000 210000 39000 210000 39000
Dryfodder 2 4.5 7.5 43200 9750 54000 19500 54000 19500 54000 19500 54000 19500
Concentrates 13.5 6 1 388800 8775 486000 17550 486000 17550 486000 17550 486000 17550
600000 38025 750000 76050 750000 76050 750000 76050 750000 76050Total (Rs)
FeedandFodder
DailyRequirement Year1 Year2 Year3 Year4 Year5
E Investment Cost
SpecificationsPhy. units Unit cost Total
20 40000 800000
sq. ft. 1600 400 640000
sq. ft. 800 250 200000
sq. ft. 200 200 40000
1 set 1 50000 50000
1 set 5 1000 5000
1 set 2 10000 20000
1 set 12 300 3600
1 set 20 500 10000
acres 4 3000 12000
20 500 10000
Total 1790600
Cost of fodder cutting equipment
Cost of liquid milk storage equipment
Cost of milking equipment
Construction of stores/misc rooms
Construction of young stock sheds
Construction of cow shed
Misc. expenses
Initial fodder cultivation cost
Cost of misc. equipment
Cost of standby power supply
Cost of animals
F Cash Flow Analysis Years
I II III IV V
1 Costs
a) 1790600
b)
600000 750000 750000 750000 750000
38025 76050 76050 76050 76050
20000 20000 20000 20000 20000
20000 20000 20000 20000 20000
32000 32000 32000 32000 32000
144000 144000 144000 144000 144000
Total 2644625 1042050 1042050 1042050 1042050
Capital cost
Recurring cost
Feeding during lactation period
Feeding during dry period
Veterinary aid(1000Rs percow)
Cost of electricity &water(1000Rs percow)
Insurance(4%)
Labourwages(72000Rs PerLabour)(2Labour)
2 Benefits
Sale of milk 2160000 2700000 2700000 2700000 2700000
Sale of gunny bags(35Rspurgunny) 23630.56 30594.44 30594.44 30594.44 30594.44
0 0 0 0 660000
60000 60000 60000 60000 60000
Depreciatedvalue of equipments 0 0 0 0 20000
0 0 0 0 400000
Total 2243631 2790594 2790594 2790594 3870594
Depreciatedvalue of buildings
cow dunginTrailers(50)
Closingstock value
G Repayment Schedule
Year Income Expenses
Loan
Outstanding
Gross
Surplus Interest Principal
Total
Repayment Surplus
1 2243631 854025 1342950 1389606 134295 268590 402885 986720.6
2 2790594 1042050 1074360 1748544 107436 268590 376026 1372518
3 2790594 1042050 805770 1748544 80577 268590 349167 1399377
4 2790594 1042050 537180 1748544 53718 268590 322308 1426236
5 3870594 1042050 268590 2828544 26859 268590 295449 2533095
BEP
BEP
1790600 Rs at 1 year and 10 months and 15 days.
0
1000000
2000000
3000000
4000000
5000000
6000000
1 2 3 4 5
Income
Year
1790600
DAIRY MODEL PROJECT FOR TEN ANIMAL UNITS (Cows)
A
Harsh A Patel
kapadawanj
10
897,100
672,825
224,275
5
10.00%
B
40,000
15
30
2
400
250
200
1
2
13.5
1000
1000
4.00%
72,000
1
35
1200
25
Average daily milk yield of each cow (lit)
Margin Money (Rs.)
Repayment period (years)
Loan rate of interest (%)
Techno-Economic Parameters
Overview
Name of the Proprietor
Address
Unit size
Project Cost (Rs.)
Bank Loan (Rs.)
Annual wages of each farm labourer (Rs.)
Sale price of milk (Rs./lit)
Irrigated land required for fodder production (acres)
Cost of construction of cow sheds (Rs/sq.ft.)
Cost of construction of young stock sheds (Rs/sq.ft.)
Cost of construction of store rooms (Rs/sq.ft.)
Cost of production/purchase of green fodder (Rs/kg)
Cost of production/purchase of dry fodder (Rs/kg)
Cost of concentrate feed (Rs/kg)
Cost of veterinary aid per animal per year (Rs.)
Cost of electricity and water per animal per year (Rs.)
Rate of livestock insurance premium (%)
Cost of each cow (Rs.)
Number of labourer
Sale price of empty livestock feed gunny bags (Rs.)
cow dung(per Trailers)
dung Tralers in year
C LactationChart
300
65
inmilk dry inmilk dry inmilk dry inmilk dry inmilk dry
FirstBatch 1500 325 1500 325 1500 325 1500 325 1500 325
SecondBatch 900 0 1500 325 1500 325 1500 325 1500 325
2400 325 3000 650 3000 650 3000 650 3000 650
(cowsare purchasedin2batchesataninterval of 5-6months)
Total (days)
Year1 Year2 Year3 Year4 Year5
No. of animals
5
5
One cow inMilkday
One cow inDry day
D
DailyRequirement
Rate/kg inmilk dry inmilk dry inmilk dry inmilk dry inmilk dry inmilk dry
Greenfodder 1 35 30 84000 9750 105000 19500 105000 19500 105000 19500 105000 19500
Dryfodder 2 4.5 7.5 21600 4875 27000 9750 27000 9750 27000 9750 27000 9750
Concentrates 13.5 6 1 194400 4387.5 243000 8775 243000 8775 243000 8775 243000 8775
300000 19012.5 375000 38025 375000 38025 375000 38025 375000 38025
FeedandFodder
Total(Rs)
Year1 Year2 Year3 Year4 Year5
E Investment Cost
SpecificationsPhy. units Unit cost Total
10 40000 400000
sq. ft. 800 400 320000
sq. ft. 400 250 100000
sq. ft. 100 200 20000
1 set 0.5 50000 25000
1 set 2.5 1000 2500
1 set 1 10000 10000
1 set 12 300 3600
1 set 10 500 5000
acres 2 3000 6000
10 500 5000
Total 897100
Cost of fodder cutting equipment
Cost of standby power supply
Cost of misc. equipment
Initial fodder cultivation cost
Misc. expenses
Cost of animals
Construction of cow shed
Construction of young stock sheds
Construction of stores/misc rooms
Cost of milking equipment
Cost of liquid milk storage equipment
F Cash Flow Analysis Years
I II III IV V
1 Costs
a) 897100
b)
300000 375000 375000 375000 375000
19012.5 38025 38025 38025 38025
10000 10000 10000 10000 10000
10000 10000 10000 10000 10000
16000 16000 16000 16000 16000
72000 72000 72000 72000 72000
Total 1324113 521025 521025 521025 521025
Cost of electricity & water(1000 Rs per cow)
Insurance(4 %)
Labour wages(72000 Rs Per Labour)(2 Labour)
Capital cost
Recurring cost
Feeding during lactation period
Feeding during dry period
Veterinary aid(1000 Rs per cow)
2 Benefits
1080000 1350000 1350000 1350000 1350000
11815.28 15297.22 15297.22 15297.22 15297.22
0 0 0 0 330000
30000 30000 30000 30000 30000
0 0 0 0 10000
0 0 0 0 400000
Total 1121815 1395297 1395297 1395297 2135297
Sale of milk
Sale of gunny bags(35Rs pur gunny)
Depreciated value of buildings
cow dung in Trailers(50)
Depreciated value of equipments
Closing stock value
BEP
BEP
897100 Rs at 1 year and 10 months and 15 days.
G
Year Income Expenses
Loan
Outstanding
Gross
Surplus Interest Principal
Total
Repayment Surplus
1 1121815 427013 672825 694803 67283 134565 201848 492955
2 1395297 521025 538260 874272 53826 134565 188391 685881
3 1395297 521025 403695 874272 40370 134565 174935 699338
4 1395297 521025 269130 874272 26913 134565 161478 712794
5 2135297 521025 134565 1614272 13457 134565 148022 1466251
Repayment schedule
0
500000
1000000
1500000
2000000
2500000
3000000
3500000
1 2 3 4 5
Income
Year
897100
1.88
REFERENCES:-
1. ENTRY, EXIT, AND FARM SIZE: ASSESSING AN EXPERIMENT IN DAIRY
PRICE POLICY JEREMY D. FOLTZ
2. Feasibility Analysis of adairy Farm, by Charles K Thompson
3. A case study of high welfare milk production in India
4. Marketing Efficiency of Dairy Products for Co-operative and Private Dairy Plants in
Tamil Nadu — A Comperative Analysis N. Rangasamy* and J.P. Dhaka
5. Division of Dairy Economics, Statistics and Management, National Dairy Research
Institute, Karnal-132 001, Haryana
6. National Dairy Research Institute, Indian Council of Agricultural Research, Karnal-
132001(Haryana) India
7. Smallholder Dairy Farmers’ Access to Modern Milk Marketing Chains in India
Anjani Kumar*, Steven J. Staal and Dhiraj K. Singh aNational Centre for
Agricultural Economics and Policy Research, Pusa, New Delhi - 110 012
bInternational Livestock Research Institute, NASC Complex, New Delhi - 110 012
8. Pregnancy Established Using Ovum-Pick-up-IVF in Sahiwal Cattle Dr. A. S.
Bawa, Director, DFRL, Mysor and Dr. A.K. Srivastava, Director NDRI releasing the
course compendium during Inaugural Function.
9. National Dairy Development Board Types fof cow Livestock:: Cattle:: BreedAnimal
Husbandry
10. A Study of Role of NABARD in Agriculture and Dairy Development of India
Kuldip Singh* & Deepak Bhatia**
11. Income Generation Potential of Rural Dairy Enterprise: A Study in Azamgarh
District, Uttar Pradesh ©© 2008 The Icfai University Press. All Rights Reserved.
Kaushlendra Vikram Mishra* and Shirin Mahalati**
12. Anjani Kumar, Steven J. Staal and Dhiraj K. Singh, National Centre for Agricultural
Economics and Policy Research, Pusa, New Delhi - 110 012 ,International Livestock
Research Institute, NASC Complex, New Delhi - 110 012

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Feasibility Study on Dairy Farm in Kheda District of Gujarat

  • 1. Dairy Farm Entrepreneurship Feasibility Study on Dairy Farm in Kheda District of Gujarat ________________________________________________________________ Dr. Govind Dave Principal/Dean of Indukaka Ipcowala Institute of Management (I2 IM) Faculty of Management Studies (FMS) CHARUSAT Mr. Rajesh Sadhawani Assistant Professor of Indukaka Ipcowala Institute of Management (I2 IM) Patel Harsh Student of Indukaka Ipcowala Institute of Management (I2 IM) _____________________________________________________________________ Abstract India is largest producer and consumer of milk in the world. Total milk production in India is about 135 million tonne per year and growing with the rate of 3.3% while consumption level is growing with 5.0%, this represent the high demand-supply gape which further expected to increase as demand for milk is projected to be 181mt by 2020 (India Vision 2020). Gujarat roughly produces 8% of total production across India. The main objective of the study is to carry out feasibility study of dairy farming in Kheda district of Gujarat, where secondary data are collected from national dairy development board and from other government websites. The study is based on the SWOT analysis, trend analysis, scenario analysis and graphical presentation. The research paper also focuses on cost-benefit analysis, limitation and constraints, technological changes in dairy farms. The study is limited to Kheda district of Gujarat only. Key words: Dairy Farming, Dairy entrepreneurship, Cost-benefit analysis and Technology in dairy farming. INTRODUCTION: Dairying is an important source of subsidiary income to small/marginal farmers and agricultural laborers. Is the largest producer of milk producing more than 135 million tons of milk per annum. The consistent rise in the milk production in the country. India's milk production increased from 21.2 million tonnes in 1968-69 to 135 million tonnes in 2015.
  • 2. India is the World largest producer of milk in the world with 135 billion liters of milk produced annually based on 70 million animals according to various estimates in year 2015. Animal husbandry and dairying activities play an important role in national economy and in socio-economic development of the country. Across the country, dairy is concentrated in the north-western states where the climate is more temperate. The top five states Gujarat, UP, Punjab, Rajasthan, Andhra Pradesh - account for more than half of current production (2014). This shows the growth in milk production across states. The fact that off the total milk produced in the country approximately 42 % is cow milk must be remembered. Gujarat is a land of opportunity for those who are looking for new and expanding markets. Growth prospects in the dairy sector are very bright. growing with the rate of 3.3% while consumption level is growing with 5.0%, this represent the high demand-supply gape which further expected to increase as demand for milk is projected to be 181mt by 2020 (India Vision 2020). Gujarat roughly produces 8% of total production across India1 . There for this is big gap in milk production. This is opportunity for stating new dairy farm in Gujarat on commercial base. JEREMY D. FOLTZ, J. Maintaining farms rather than increasing the incentives for farms to get bigger. As a policy instrument for increasing or maintaining cow numbers, price floors such as the Dairy Compact can be more cost effective than pure subsidies in an industry with price volatility and sunk costs because they operate both on the average price and the variance. The importance of non-price variables in both the farm size and exit equations suggests that price policy alone will not maintain dairy farming in an increasingly suburban state such as Connecticut. However, policies such as the PDR program that lower pressures to develop land, the price of land, and rural town growth rates were also not shown to be effective. Since this work only measured one of the many possible land based policies, the effect of such land based policies relative to output price policies represents an important avenue for future research. N. Rangasamy and J.P. Dhaka The marketing of milk and milk products by dairy plants of co-operative and private sectors in Tamil Nadu high. In this Report all the data are related to toned milk, standardized milk, full cream milk, flavored milk, butter and ghee from the selected co-operative and private dairy plants of the Coimbatore district for the financial year 2001-2002. In this report they found that the marketing cost for toned milk is same in both the dairy plants , whereas it is higher for standardized milk, full cream milk and flavored milk in the co-operative dairy plant. The Production cost has been found less in the cooperative plant for products like butter and ghee. All the dairy products earn more marketing margins in the private than co-operative dairy plant, except for toned milk .The marketing efficiency of cooperative dairy plant for all dairy products has been observed relatively less than that of private dairy plant, except toned milk .In this study suggested development of co-operative dairy industry in a sustainable manner, the co-operative dairy plants should formulate long- term vision and strategy. In this study they observed that value addition in dairy products should be done without compromising the quality and consumer-oriented market research and development should be accorded greater attention. Dr ML Kamboj, Senior Scientist at the NDRI Said Good quality feeding, genetics appropriate to the local conditions and favourable levels of animal care are leading to good health and welfare. This in turn delivers levels of productivity nearly six times higher than the 1 Milk Production by States National Dairy Development Board
  • 3. current national average. Healthy, long-lived cows save on the cost of replacement and expensive veterinary treatments and guarantee a stable milk supply. Training and regular updating of dairy management knowledge is crucial in maintaining the dairy cattle’s health, welfare and longevity, and ultimately the success of the dairy enterprise. Manure is recycled and used on the land reducing the need for artificial fertilizers and excess manure in used as a source of additional revenue. The farm uses several by-products from agriculture, ensuring a good use of local resources. This also contributes positively to food security by transforming biomass that is otherwise unusable by humans into milk. The final destination and the welfare of male dairy calves is a challenging issue that needs to be addressed by the entire dairy industry in collaboration with all interested stakeholders. Anjani Kumar, Steven J. Staal and Dhiraj K. Singh this study has shown that in spite of growing presence of modern milk supply chains in the Indian milk market, the traditional milk supply chain is still dominant. Its dominance is even more pronounced in less-developed states like Bihar. However, it is apparent that the traditional chain is being replaced with the commercialization of dairying. The structure of milk marketing in Punjab is a clear pointer to this conclusion. Upstream segments of the milk marketing chain in India have evolved significantly, yet there is no clear and conclusive evidence that this is directly moving down to the farm gate. However, the modern milk supply chain appears to be inclusive and the resource poor dairy farmers (landless, small, marginal) are not excluded from the modern milk supply chain. The traceability and food safety issues may further consolidate the position of modern milk supply chains and the existence of the traditional chain would be increasingly challenged. Further expansion of the modern milk supply chains by and large is dependent on the development of milk collection infrastructural facilities at the doorstep, incentive pricing and rewards for quality produce. Capital cost 1 Housing of cow Housing of cow is on dry, properly raised shed. this shed is not under water-logging, marshy and heavy rainfall areas. The walls of the sheds should be 1.5 to 2 meters high and the walls should be plastered to make them damp proof. sheds roof should be 3-4 meters high and the cattle shed should be well ventilated. The floor should be pucca/hard, even non-slippery impervious, well sloped (3 cm per meter) and properly drained to remain dry and clean, Provide 0.25 meter broad, pucca drain at the rear of the standing space. A standing space of 2 x 1.05 meter for each cow is needed. And 5-10 sq. meter loaf space for each cow is needed. For summer fan and ventilation are use in shade and cool drinking water is also needed. In winter keep cow indoor during night and rain time and Provide individual bedding daily. Sanitary is most important for cow there for Maintain sanitary condition around shed. Cow Drain urine into collection pits and then to the field through irrigation channels. All dung and urine dispose properly. A gobar gas plant will be an ideal way. Where gobar gas plant is not constructed, convert the dung along with bedding material and other farm wastes into compost. Give adequate space for the animals. Electricity is most important part of the shed and water is important for cow there for 24 hour water supply is needed in shed
  • 4. 1 Cost of construction of cow sheds Total 1600 sq. ft. of sheds is in up and in this aria 400 Rs per sq. ft. is cost of construction there for 640000 Rs is total construction of cow sheds 1600 sq. ft x 400 Rs = 640000 Rs 2 Cost of construction of young stock sheds Total 800 sq. ft. of sheds is in up and in this aria 250 Rs per sq. ft. is cost of construction there for 200000 Rs is total construction of young stock sheds 800 sq. ft x 250 Rs = 40000 Rs 3 Cost of construction of store rooms For 20 cow 200 sq. ft. of store rooms is in up and in this aria 200 Rs per sq. ft. is cost of construction there for 40000 Rs is total construction of store rooms. 200 sq. ft x 200 Rs = 40000 Rs 2 Selection Cow In India many types of cow are finding. The cows of milch breeds are high milk yields. The examples of Indian milch breeds are shahiwal, Red Sindhi, Gir and Deoni The milk production of milk breeds is on the average more than 1600 kg per lactation. And The cows in Dual Purpose breeds are average milk yielder. Their milk production per lactation is 500 kg to 900 kg. The example of this group is Ongole, Hariana, Kankrej, Tharparker, Krishna valley, Rathi and Goalo Mewathi.but this types of cow are not high milk yielders because in India maximum 5 to 6 kg milk yields per day.In comparison of Frisians/ Holsteins, Jerseys, Guernseys, Dairy Swiss ove cow breeds are nothing in milk production because this cow milk production capacity is higher than Indian breeds. This cow breeds are given 15 to20 kg milk in day. There for in India for the commercial use this types of cow are use.in Gujarat Friesians/Holsteins and Jerseys cow breeds are use. Jersey Jersey breed was developed from the island of jersey in the English Channel off the coast of France. The color in Jerseys may vary from a very light gray or mouse color to a very dark fawn or a shade that is almost black. The females are commonly darker about the hips and about the head and shoulders than on the body. Age at first calving is 26 to 30 months and Inter calving is 13 to 14 months. Jersey cow give 5000 to 8000 kg Milk in year. Dairy milk yield is found to be 20 liter in day. Whereas cross bred jersey, cow gives 8 to 10 liter per day.
  • 5. In India this breed has acclimatized well especially in the hot and humid areas like Gujarat. Holstein Friesian Holstein Friesian breed is originated in Holland. Holsteins are large, stylish animals with color patterns of black and white or red and white. Holstein heifers can be bred at 15 months of age, when they weigh about 350 to400 kg. It is desirable to have Holstein females calve for the first time between 24 and 27 months of age. Milk yield 7200-9000 kg. This is by far the best diary breed among exotic cattle regarding milk yield. On an average it gives 25 liter of milk per day, whereas a cross breed H.F. cow gives 10 15 liter per day. It can perform well in coastal and delta areas. How To Purchase cow Lactation Chart cows are purchased in 2 batches at an interval of 5-6 months because cow give milk for 300 days in one year and if all cow are purchase at one time then 60 days we have on milk and cost is high there for you can’t maintain your income and expenses there for you purchase cow in 2 batches at an interval then you can maintain all process of farm 3 Cost of milking equipment Generally milking machine is in one set but if you have more then ten cow then you need to puraches two set milking machine in two set machine you can process with tow cow. One set machine cost is around 25000 and two set milking machine set cost is around 50000.
  • 6. 4 Cost of liquid milk storage equipment is among 1000 Rs per One set and four cow one set was needed. There for 5000 Rs was total for 20 cow. 5 Cost of fodder cutting equipment is among 10000 Rs per set and 10 cow one set was needed. There for 20000 Rs was total for 20 cow. 6 Cost of standby power supply is among 300 Rs per month. There for it was 3600 Rs per year. 7 Cost of misc. equipment is among 500 Rs per year for one cow. There for it was 10000 Rs per year. 8 Initial fodder cultivation cost is among 3000 Rs per acres. There for it was 12000 Rs per year. 9 Misc. expenses is among 500 Rs per cow. There for it was 10000 Rs per year. Recurring cost 1 Feeding during lactation period 2 Feeding during dry period 3 Veterinary aid is among 1000 Rs percow. There for it was 20000 Rs peryear. 4 Cost of electricity & water is among 1000 Rs percow. There for it was 20000 Rs peryear.
  • 7. 5 Insurance is among 4% of price of cow. There for it was 1600 Rs percow and for 20 cow is was 32000 Rs. 6 Labour wages This work whit out possible if you do all work of dairy farm and For 20 cow two labors or two family members are in up for complete this work. If you hire labors then you pay 6000 Rs per labors there for two labors it was 12000 Rs per month and 144000 Rs for one year 3 Cost of Fodder Cost of production/purchase of green fodder Cost of production/purchase of dry fodder Cost of concentrate feed In Market concentrate selling in gunny and generally it is pack in 70 kg. Amul produce this feed in kheda regain. Today price of 70 kg of pack in 950 Rs. There for per kg 13.50 Rest is cost and in milk day 6 kg of concentrate for one cow and for 20 cow it was 120 kg and cost of this feed is 1620 Rest in day. And in dry day 1 kg of concentrate use for one cow there for is was 6 kg per day and it’s cost is 270 Rs total cost of concentrate was approximately 502200. Income Sale of milk Sales of milk is main income of farm and it was 30 Rs perlitter and Average number of milk percow is 15 litter per day and one cow give 300 day in one lactation period. There for it was 2700000 Rs of 20 cows in one year. Sale of gunny or bag concentrate feed is purchase in 70 kg bag and empty bag sales in 35 Rs perbag and total number of bag in year is 870. There for it was of 30600 Rs peryear. Depreciated value of buildings After five year building depreciated value is 660000.
  • 8. cow dung in Trailers cow dung is one income sours and per cow it was 1.5 Trailers. There for it was 50 trailers in one year of 20 cow and seling price of one trailers is 1200 Rs. There for total income was 60000 Rs. Depreciated value of equipments After five year Equipment depreciated value is only 20000. Closing stock value After five year closing stock value is only 400000 Rs. Two Units No Perticular For 10 cow For 20 cow 1 Bank Loan (Rs) 672,825 1,342,950 2 Milk day (days) 2400 4800 3 Feed and Fodder (Rs) 319013 638025 4 Investment Cost (Rs) 897100 1790600 5 Costs (Rs) 1324113 2644625 6 Benefits (Rs) 1121815 2243631 7 Profit After Tax (Rs) 492955 986721 In both unit Break Even point is same because all expenses are variable types cost Break Even point Total Cost =Total Revenue Year Total Cost Total Revenue P A Interest & Installment 1 2,644,625 2,243,631 897019 2 1,042,050 2,790,594 1134313 3 1,042,050 2,790,594 1051373 4 1,042,050 2,790,594 974139 5 1,042,050 3,870,594 1572853 1790600 Break Even Point is 685 days for both units.
  • 9. Dairy Model Project for Twenty Animal Units (Cows) A Harsh A Patel kapadawanj 20 1,790,600 1,342,950 447,650 5 10.00% B 40,000 15 30 4 400 250 200 1 2 13.5 1000 1000 4.00% 72,000 2 35 1200 50 Number of labourer Sale price of empty livestock feed gunny bags (Rs.) cow dung(per Trailers) dung Tralers in year Unit size Project Cost (Rs.) Bank Loan (Rs.) Annual wages of each farm labourer (Rs.) Sale price of milk (Rs./lit) Irrigated land required for fodder production (acres) Cost of construction of cow sheds (Rs/sq.ft.) Cost of construction of young stock sheds (Rs/sq.ft.) Cost of construction of store rooms (Rs/sq.ft.) Cost of production/purchase of green fodder (Rs/kg) Cost of production/purchase of dry fodder (Rs/kg) Cost of concentrate feed (Rs/kg) Cost of veterinary aid per animal per year (Rs.) Cost of electricity and water per animal per year (Rs.) Rate of livestock insurance premium (%) Cost of each cow (Rs.) Overview Name of the Proprietor Address Average daily milk yield of each cow (lit) Margin Money (Rs.) Repayment period (years) Loan rate of interest (%) Techno-Economic Parameters
  • 10. C Lactation Chart (cows are purchased in 2batches at an interval of 5-6months) One cow in Milk day 300 One cow in Dry day 65 Year1 Year2 Year3 Year4 Year5 No. of animals in milk dry in milkdry in milk dry in milk dry in milk dry First Batch 10 3000 650 3000 650 3000 650 3000 650 3000 650 Second Batch 10 1800 0 3000 650 3000 650 3000 650 3000 650 4800 650 6000 1300 6000 1300 6000 1300 6000 1300Total (days) D Rate/kg inmilk dry inmilk dry inmilk dry inmilk dry inmilk dry inmilk dry Greenfodder 1 35 30 168000 19500 210000 39000 210000 39000 210000 39000 210000 39000 Dryfodder 2 4.5 7.5 43200 9750 54000 19500 54000 19500 54000 19500 54000 19500 Concentrates 13.5 6 1 388800 8775 486000 17550 486000 17550 486000 17550 486000 17550 600000 38025 750000 76050 750000 76050 750000 76050 750000 76050Total (Rs) FeedandFodder DailyRequirement Year1 Year2 Year3 Year4 Year5 E Investment Cost SpecificationsPhy. units Unit cost Total 20 40000 800000 sq. ft. 1600 400 640000 sq. ft. 800 250 200000 sq. ft. 200 200 40000 1 set 1 50000 50000 1 set 5 1000 5000 1 set 2 10000 20000 1 set 12 300 3600 1 set 20 500 10000 acres 4 3000 12000 20 500 10000 Total 1790600 Cost of fodder cutting equipment Cost of liquid milk storage equipment Cost of milking equipment Construction of stores/misc rooms Construction of young stock sheds Construction of cow shed Misc. expenses Initial fodder cultivation cost Cost of misc. equipment Cost of standby power supply Cost of animals
  • 11. F Cash Flow Analysis Years I II III IV V 1 Costs a) 1790600 b) 600000 750000 750000 750000 750000 38025 76050 76050 76050 76050 20000 20000 20000 20000 20000 20000 20000 20000 20000 20000 32000 32000 32000 32000 32000 144000 144000 144000 144000 144000 Total 2644625 1042050 1042050 1042050 1042050 Capital cost Recurring cost Feeding during lactation period Feeding during dry period Veterinary aid(1000Rs percow) Cost of electricity &water(1000Rs percow) Insurance(4%) Labourwages(72000Rs PerLabour)(2Labour) 2 Benefits Sale of milk 2160000 2700000 2700000 2700000 2700000 Sale of gunny bags(35Rspurgunny) 23630.56 30594.44 30594.44 30594.44 30594.44 0 0 0 0 660000 60000 60000 60000 60000 60000 Depreciatedvalue of equipments 0 0 0 0 20000 0 0 0 0 400000 Total 2243631 2790594 2790594 2790594 3870594 Depreciatedvalue of buildings cow dunginTrailers(50) Closingstock value G Repayment Schedule Year Income Expenses Loan Outstanding Gross Surplus Interest Principal Total Repayment Surplus 1 2243631 854025 1342950 1389606 134295 268590 402885 986720.6 2 2790594 1042050 1074360 1748544 107436 268590 376026 1372518 3 2790594 1042050 805770 1748544 80577 268590 349167 1399377 4 2790594 1042050 537180 1748544 53718 268590 322308 1426236 5 3870594 1042050 268590 2828544 26859 268590 295449 2533095
  • 12. BEP BEP 1790600 Rs at 1 year and 10 months and 15 days. 0 1000000 2000000 3000000 4000000 5000000 6000000 1 2 3 4 5 Income Year 1790600
  • 13. DAIRY MODEL PROJECT FOR TEN ANIMAL UNITS (Cows) A Harsh A Patel kapadawanj 10 897,100 672,825 224,275 5 10.00% B 40,000 15 30 2 400 250 200 1 2 13.5 1000 1000 4.00% 72,000 1 35 1200 25 Average daily milk yield of each cow (lit) Margin Money (Rs.) Repayment period (years) Loan rate of interest (%) Techno-Economic Parameters Overview Name of the Proprietor Address Unit size Project Cost (Rs.) Bank Loan (Rs.) Annual wages of each farm labourer (Rs.) Sale price of milk (Rs./lit) Irrigated land required for fodder production (acres) Cost of construction of cow sheds (Rs/sq.ft.) Cost of construction of young stock sheds (Rs/sq.ft.) Cost of construction of store rooms (Rs/sq.ft.) Cost of production/purchase of green fodder (Rs/kg) Cost of production/purchase of dry fodder (Rs/kg) Cost of concentrate feed (Rs/kg) Cost of veterinary aid per animal per year (Rs.) Cost of electricity and water per animal per year (Rs.) Rate of livestock insurance premium (%) Cost of each cow (Rs.) Number of labourer Sale price of empty livestock feed gunny bags (Rs.) cow dung(per Trailers) dung Tralers in year
  • 14. C LactationChart 300 65 inmilk dry inmilk dry inmilk dry inmilk dry inmilk dry FirstBatch 1500 325 1500 325 1500 325 1500 325 1500 325 SecondBatch 900 0 1500 325 1500 325 1500 325 1500 325 2400 325 3000 650 3000 650 3000 650 3000 650 (cowsare purchasedin2batchesataninterval of 5-6months) Total (days) Year1 Year2 Year3 Year4 Year5 No. of animals 5 5 One cow inMilkday One cow inDry day D DailyRequirement Rate/kg inmilk dry inmilk dry inmilk dry inmilk dry inmilk dry inmilk dry Greenfodder 1 35 30 84000 9750 105000 19500 105000 19500 105000 19500 105000 19500 Dryfodder 2 4.5 7.5 21600 4875 27000 9750 27000 9750 27000 9750 27000 9750 Concentrates 13.5 6 1 194400 4387.5 243000 8775 243000 8775 243000 8775 243000 8775 300000 19012.5 375000 38025 375000 38025 375000 38025 375000 38025 FeedandFodder Total(Rs) Year1 Year2 Year3 Year4 Year5
  • 15. E Investment Cost SpecificationsPhy. units Unit cost Total 10 40000 400000 sq. ft. 800 400 320000 sq. ft. 400 250 100000 sq. ft. 100 200 20000 1 set 0.5 50000 25000 1 set 2.5 1000 2500 1 set 1 10000 10000 1 set 12 300 3600 1 set 10 500 5000 acres 2 3000 6000 10 500 5000 Total 897100 Cost of fodder cutting equipment Cost of standby power supply Cost of misc. equipment Initial fodder cultivation cost Misc. expenses Cost of animals Construction of cow shed Construction of young stock sheds Construction of stores/misc rooms Cost of milking equipment Cost of liquid milk storage equipment F Cash Flow Analysis Years I II III IV V 1 Costs a) 897100 b) 300000 375000 375000 375000 375000 19012.5 38025 38025 38025 38025 10000 10000 10000 10000 10000 10000 10000 10000 10000 10000 16000 16000 16000 16000 16000 72000 72000 72000 72000 72000 Total 1324113 521025 521025 521025 521025 Cost of electricity & water(1000 Rs per cow) Insurance(4 %) Labour wages(72000 Rs Per Labour)(2 Labour) Capital cost Recurring cost Feeding during lactation period Feeding during dry period Veterinary aid(1000 Rs per cow) 2 Benefits 1080000 1350000 1350000 1350000 1350000 11815.28 15297.22 15297.22 15297.22 15297.22 0 0 0 0 330000 30000 30000 30000 30000 30000 0 0 0 0 10000 0 0 0 0 400000 Total 1121815 1395297 1395297 1395297 2135297 Sale of milk Sale of gunny bags(35Rs pur gunny) Depreciated value of buildings cow dung in Trailers(50) Depreciated value of equipments Closing stock value
  • 16. BEP BEP 897100 Rs at 1 year and 10 months and 15 days. G Year Income Expenses Loan Outstanding Gross Surplus Interest Principal Total Repayment Surplus 1 1121815 427013 672825 694803 67283 134565 201848 492955 2 1395297 521025 538260 874272 53826 134565 188391 685881 3 1395297 521025 403695 874272 40370 134565 174935 699338 4 1395297 521025 269130 874272 26913 134565 161478 712794 5 2135297 521025 134565 1614272 13457 134565 148022 1466251 Repayment schedule 0 500000 1000000 1500000 2000000 2500000 3000000 3500000 1 2 3 4 5 Income Year 897100 1.88
  • 17. REFERENCES:- 1. ENTRY, EXIT, AND FARM SIZE: ASSESSING AN EXPERIMENT IN DAIRY PRICE POLICY JEREMY D. FOLTZ 2. Feasibility Analysis of adairy Farm, by Charles K Thompson 3. A case study of high welfare milk production in India 4. Marketing Efficiency of Dairy Products for Co-operative and Private Dairy Plants in Tamil Nadu — A Comperative Analysis N. Rangasamy* and J.P. Dhaka 5. Division of Dairy Economics, Statistics and Management, National Dairy Research Institute, Karnal-132 001, Haryana 6. National Dairy Research Institute, Indian Council of Agricultural Research, Karnal- 132001(Haryana) India 7. Smallholder Dairy Farmers’ Access to Modern Milk Marketing Chains in India Anjani Kumar*, Steven J. Staal and Dhiraj K. Singh aNational Centre for Agricultural Economics and Policy Research, Pusa, New Delhi - 110 012 bInternational Livestock Research Institute, NASC Complex, New Delhi - 110 012 8. Pregnancy Established Using Ovum-Pick-up-IVF in Sahiwal Cattle Dr. A. S. Bawa, Director, DFRL, Mysor and Dr. A.K. Srivastava, Director NDRI releasing the course compendium during Inaugural Function. 9. National Dairy Development Board Types fof cow Livestock:: Cattle:: BreedAnimal Husbandry 10. A Study of Role of NABARD in Agriculture and Dairy Development of India Kuldip Singh* & Deepak Bhatia** 11. Income Generation Potential of Rural Dairy Enterprise: A Study in Azamgarh District, Uttar Pradesh ©© 2008 The Icfai University Press. All Rights Reserved. Kaushlendra Vikram Mishra* and Shirin Mahalati** 12. Anjani Kumar, Steven J. Staal and Dhiraj K. Singh, National Centre for Agricultural Economics and Policy Research, Pusa, New Delhi - 110 012 ,International Livestock Research Institute, NASC Complex, New Delhi - 110 012