Entrepreneurship- The Goat Farming

Entrepreneurship- The Goat Farming

India is the leading country in the world in livestock wealth, both in numbers and germplasm. India has 120.8 million goats in 1997 and has increased to 124.35 million as per census 2003, ranks second in the world after China. The slaughter rate of goat is at the level of 39.7 % as compared to 31.8% for sheep and 11% for buffaloes respectively. Meat consumption in India is relatively low at less than 5 Kg per capita per year as compared to other developing countries such as Pakistan (13.7 Kg), China (38.6 Kg) and Brazil (58.6 Kg). Based on the minimum requirement of 20g animal protein per capita per day sourced from milk (10 g), meat (4 g), fish (4 g), and eggs (2 g), the estimated demand for meat is 7.7 million metric tones as against the present production of 4.6 million metric tonnes.

As per the National Livestock Census the goat population in the country has almost doubled in 30 years: from 76 million in 1977 to 140.5 million in 2007. The rate of increase in goats in the past five decades has been the highest among all ruminants. The contribution of the agriculture and allied sector to GDP has declined from 55 per cent in early 1980s to 21 per cent in 2009. But the share of livestock within the agriculture and allied sector has increased from 18 per cent to 23 per cent over the same period.

The rate of goat meat production (18.6 per cent) in 1997-2007 was double the production rate (9.3 per cent) in the previous decade. Despite a steady increase in supply, goat meat prices are continuously rising.The main reason for the price increase is the rising export of goat meat to West Asia,” said Mohammad Aqil Qureshi, former president of the New Delhi Meat Traders Association. Sixty countries import goat meat from India. Big importers are Saudi Arabia, UAE, Kuwait, Angola and Egypt. Nearly 80 per cent of the goat meat and mutton export is to West Asia. Although India’s current export of goat and sheep meat is 6.4 per cent of the production, export is where demand is set to explode.

NABARD refinance is available for starting Goat farming. For obtaining bank loan, the beneficiary will be apply to the nearest branch of a Commercial or Co-operative or Regional Rural Bank in their area in the prescribed application form which is available in the branches of financing bank.

Project Report on Goat  Farming : Unit 50

Fixed Cost:

Animal cost  

Does Unit 50 @Rs. 3000                           :150000

Buck unit 2 @ Rs. 5000                            :10000

Shed Cost ( For Does 10 S.ft /animal, Buck 20 s.ft/animal & kids 4 s.ft/kid)  Rs. : 30000

Equipment Cost Rs.: 1000

Other Cost Rs.:  9000

Total Cost : Rs. 200000

Variable cost

Fodder and Supplementary Cost Rs. : 30000

Salary and Wages Rs.: 15000

Water & Electricity Rs.: 2000

Veterinary expenses Rs.: 1000

Other Expenses Rs.: 2000

Total Variable Cost Rs. : 50000

Income:

Doe having 1.5  kiddings per year. These kids are able to sale after 8-9 months. Through second year onward farm will collect Income.

Sale of Adult Doe 10 Units: 40000

Sales of Buckling 25 Units : 50000

Sales of Doeling 45 Units Rs.: 90000

Total Income Rs. : 180000