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Birsa Agricultural University, Ranchi

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Author: BHAGAT, GAYATRI × End date: 2019 × Start date: 2013 × Type: Thesis × Thesis Type: M.B.A. ×
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    ThesisItemOpen Access
    BUSINESS DEVELOPMENT PLAN ON DAIRY FARMING FOR NAMKUM LAMPS RANCHI
    (Birsa Agricultural University, Ranchi, Jharkhand-6, 2018) BHAGAT, GAYATRI; BARA, NIVA
    This study entitled ―Business Development Plan on Dairy Farming for Namkum LAMPS Ranchi‖ was conducted in the Khijiri and Tumbaguttu villages of Namkum Block of Ranchi District, Jharkhand. A total of 60 respondents were selected, in 7:3 proportionate from Khijiri and Tumbaguttu village respectively since total member are 473 out of which about 70% of members were from Khijiri and only 30% members were from Tumbaguttu. A schedule was developed, pretested; respondents were personally interviewed and responses were analyzed and presented through tables and pie chart. It was revealed that 72% of total respondents was male and 28% of the respondents were female, 70% ere between the age group 26-50years, 80% were of Scheduled Tribe and only 3% of the respondents were of general category, 52% respondents were with education up to high school, 97% had nuclear type of family, 46% had family size of 5-7 members, 64% of the respondents were having pakka house, 48% respondents had land holding of 1 to 2 hectare. 48% respondents were of medium income group compromising of average annual income up to 1 lakh. A Business Development Plan on Dairy Farming was designed with the help of experts from farmer’s perspective and emphasis was given for optimum utilization of available resources. It has been indicated that total cost is decreasing each year. On eightth year total cost increase due to additional feeding cost of calves kept for replacement of cow in coming years. The benefits from the Dairy Farm Business keep on increasing every year. The net profit is negative in first year which is due to heavy investment as compared to benefits. The net profit keeps on increasing from second year. There is slight decrease in net income in eightth year which may due to high cost as compared to benefits. The Net Present Worth of the Dairy Farm Business is positive which makes it feasible for the society. The Benefit Cost Ratio is 1.52 (>1) which indicates that the Dairy Farm Business is viable for Namkum LAMPS. The study also suggests that need based technical knowhow and training on Business and marketing to member farmers for successful implementation of dairy business.