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Journal of Pharmacognosy and Phytochemistry

Journal of Pharmacognosy and Phytochemistry

Vol. 7, Issue 5 (2018)

An economic analysis of milk production by dairy entrepreneurs of Vijayapura milk union

Author(s):

Priyadarshini C Gadad and Dr. SM Mundinamani

Abstract:
A study to assess the economic analysis of milk production by dairy entrepreneurs of Vijayapura Milk union district. Multistage sampling procedure was followed for selection of 80 sample member and non-member dairy farmers. The data pertained to the agricultural year 2017-18. Budgeting technique were used to analyze the data. The per year total variable cost incurred by member of Milk cooperative societies in production of milk from buffalo, crossbreed cow and indigenous cow was ₹ 24959.93, ₹ 31982.00 and ₹ 19714.40 respectively and ₹ 20761.38, ₹ 27396.87 and ₹ 17383.77 for non-member dairy entrepreneurs. The major fixed cost of dairy farm is depreciation on dairy animals and building. The cost of depreciation on crossbreed cow was found more in both member (₹ 5675.20) and non-member dairy farmer’s (₹ 5178.00) compared to depreciation on building and machinery. The total cost incurred on buffalo, crossbreed cow and indigenous cow by member dairy farmers was ₹ 31322.78, ₹ 40882.00 and ₹ 24482.60 respectively and ₹ 26913.06, ₹ 35450.58 and ₹ 20781.73 by non-member dairy farmer. The gross return obtained by member farmers was ₹ 55156.80, ₹ 73236.65 and ₹ 38485.30 from buffalo, crossbreed cow and indigenous cow respectively, similarly for non-member farmers the gross returns was ₹ 40443.24, ₹ 59890.60 and ₹ 30495.70 per animal per year. Returns from sale of milk contributed the maximum share. The B: C ratio was calculated for both member and non-member dairy farmers and it was found that B: C ratio of buffalo, crossbreed cow and indigenous cow was 1.76, 1.79 and 1.57 respectively and it was 1.50, 1.68 and 1.46 for non-member farmers. Since B.C ratio in case of member farmers was higher compared to non-member farmers, the impact of milk union on the dairy entrepreneurs is a profitable venture and has positive influence on the standard of living and economic status of the farming community in the study area.

Pages: 1683-1686  |  1314 Views  378 Downloads


Journal of Pharmacognosy and Phytochemistry Journal of Pharmacognosy and Phytochemistry
How to cite this article:
Priyadarshini C Gadad and Dr. SM Mundinamani. An economic analysis of milk production by dairy entrepreneurs of Vijayapura milk union. J Pharmacogn Phytochem 2018;7(5):1683-1686.

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