A Study on the Cost Benefit Analysis Financial Comparative Analysis of Dairy Farmers in Public and Private Sectors of Tamil Nadu

Abstract

Cost of milk productions is a significant economic indicator in measuring the farm household competence in milk productions and it serves as the basis for price obsession as well. This study was undertaken to analyse the cost and return of milk productions in the districts of Tamil Nadu. The respondents were clustered into 5 groups on the basis of the size of their lands and those groups were namely, landless, marginal, small, medium and large farmers. The study found that the milk producers covered by private dairy produced slightly higher profits as compared to the farmers of cooperative dairy, because milch animals were better taken care and fed by the farmers of private dairy, which resulted in higher milk productivity. Dairying in India, in particular, is interwoven as a critical part and accessory to agriculture, but it did not get as much attention as crop production, because crop production has much more merits when compared to dairy production. newlineThere may be a strong need to pay attention on establishments like animal husbandry, that is taken into consideration to be quite like-minded with the normal farming systems to form an economically feasible mode of producing system. Efforts by milk producers to carry down the cost of milk manufacturing; especially through clearly apt use of rearing of high milk potential, milch breeds are maximum favoured for improving the profitability in milk productions. Even though the economic benefit of dairy farming is well diagnosed with the useful resource of the farmers within the United states of America, studies on economics of buffalo rearing are lacking at present. These varieties of studies can be useful now not at firstrate to the dairy farmers in taking rational monetary selections through choosing the economic size and form of herd and allocating their scarce resources, however, additionally they serve as useful records for method of powerful recommendations for boosting milk manufacturing. This examines the Dairy business gadgets on the economics of running a da