Evaluation of Cost Structure of Pig Farming in Punjab
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Author: Navjot Kaur*, Inderpreet Kaur, Varinderpal Singh and Hanish Sharma
Author Address: Department of Economics and Business Management, College of Dairy Science and Technology, Guru Angad Dev Veterinary and Animal Sciences University, Ludhiana-141004 (Punjab)
Keywords: Fixed cost, initial capital investment, returns, variable cost.
JEL Codes: B41, C00, C81, C83, C90.
Abstract
Pig farming is an emerging enterprise in Punjab. Per cent share of pig meat production to total meat production in Punjab is 0.47 per cent, with 0.57 per cent of the total pig population in the country. The present study was conducted during 2018-19 in the three districts of Punjab, namely, Ludhiana, Mohali and Sangrur. Eighty-two pig breeding-cum-finisher units were categorized into small farms (< 10 sows), medium farms (10-25 sows) and large farms (> 25 sows). The present study unravelled that the net return/animal/month was 1,677.09 (18.17 per cent), 3,632.55 (27.74 per cent) and 5,573.72 (34.34 per cent) in the small, medium and large category. Feed costs constituted most of the total cost incurred on the farm. Value addition at the farm level would help farmers to achieve remunerative returns.
Description
Indian Journal of Economics and Development
Volume 19 No. 1, 2023, 149-156
DOI: https://doi.org/10.35716/IJED/21262
NAAS Score: 5.15 (2023)
Indexed in SCOPUS and ESCI (Clarivate Analytics)
Journal Citation Indicator: 0.04 (WoS)
UGC Approved