How to set up a goat farm?

How to set up a goat farm?

Are you looking for expert advice on how to start up a goat farm – what is the land requirement, how many goats are required, what is the male to female ratio, what are the best breeds, or where to buy the goats?

Goat is the first domesticated animal and a poor man’s cow. The products available from goats are mutton / milk / ma    nure / skin and lustrous fine hair. The goat meat is lean and low in fat so it is liked by all. The demand for goat meat is increasing, even though the price is high. They are profitable under stall fed condition.

Goat Meat and Byproducts
The capital investment of purchase of goats is very low. For a price of 1 cross-breed cow, one can purchase 10 quality goats. They have shorter gestation period and can be sold at any stage of their growth. They are resistant to diseases. Since they are stall fed, the expenditure on medication/ treatment is marginal.

The population of goats in the country is increasing though 60% of the goats are slaughtered every year. The farmer is bringing additional fallow lands under cultivation, cities and villages are also expanding fast and because of this the grazing land is decreasing day by day.

Therefore a necessity has arisen to continue to maintain the goats by way of stall fed system. The total life of goats is 15 years. Mortality in percentage overall is 3% (with proper management).

Requirements for Goat Farm,

 “The land requirement for 40 goats is 1 acre. A start-up can start with 40-60 goats. The ideal ratio of male and female goats is 20:1. The variety most suitable for Madurai region is Thalachery-Boer combination. You can buy goats from good farms maintaining records and doing proper vaccinations. The specification for stage preparation and design for 1 goat is 20 sq.ft and the per sq ft expenses was Rs. 150 to Rs.350.”

 “There should be 25 goats for every 1 acre. The area for the shed should be as follows: 1456 sq ft inside the shed for protecting the animals against theft and bad weather; and another 2912 sq ft open space or paddock this can be made use for feeding the goats in hay racks, water and relaxing. For kids and specific partitions has to be made as per requirement. The areas inside shed should be 14 sq ft per goat. For 125 goats you need 1 skilled labour + 1 helper.”  for 100+5 goats, the investment required would be Rs. 16 Lakh (one can start with Rs.3.5 Lakh). By second year minimum profit will be Rs. 15 lakh. The breakeven point should be below 2 years. The minimum profit will be Rs 1 crore in 6 years.”

Southern peninsular region comprising Maharashtra, Karnataka. Andhra Pradesh, Tamil Nadu, Kerala and some territories in the central region has about 30% of the total goat population of the country comprising Osmanabadi, Malbari, and Sangamheri breeds of goats.

 “Osmanabadi goat breed is best because it gets easily adaptable to any climatic condition. Starting a goat farm with osmanabadi goat breed is highly viable and most profitable as compare to other breeds.

The main reasons are:
1. High resistant power against diseases, so mortality rate is low as compare to other breed.
2. High yielding capacity of milk and kids.
3. Higher palatability of meat with high protein content.
4. Eats any farm fodder.
5. Cost of goat is low as compare to other breeds like boer, sirohi, and jamnapari. So it’s affordable breed.
6. No problem in marketing, as it has very high demand for meat and breeding purpose.

Rearing Methods
Proper rearing methods should be employed to ensure profitability, which include regular vaccination and deworming, proper supplementation, detecting heat signs and controlled crossing with high breed bucks, prevent kid mortality, labor management, maintain farm hygiene, and strict quarantine procedures.

Government Schemes and Subsidies
The various government schemes and subsidies. “There are lots of government schemes available for goat farming, and the main scheme is of NABARD that provides 25% subsidy for open caste and 33.3% subsidy for reserved category on total project cost. This is a nationalized scheme for all states. The main condition of this scheme is that you have to avail loan from any nationalized bank as then only you are eligible for subsidy. Other schemes changes from state to state and so you have to visit your districts or villages livestock development office to know the present schemes in your areas.
”
Challenges
The main challenges faced in the business are middle men, electricity problems, labor deficit, and uneven monsoon.

SOURCE (www.agricultureinformation.com)

Economics

Economics

‘Scope’ means the sphere of study. We have to consider what economics studies and what lies beyond it. The scope of economics will be brought out by discussing the following.
a) Subject – matter of economics.
b) Economics is a social science
c) Whether Economics is a science or an art?
d) If Economics is science, whether it is positive science or a normative science?

a) Subject – matter of economics: Economics studies man’s life and work, not the whele of it, but only one aspect of it. It does not study how a person is born, how he grows up and dies, how human body is made up and functions, all these are concerned with biological sciences, Similarly Economics is also not concerned with how a person thinks and the human organizations being these are a matter of psychology and political science. Economics only tells us how a man utilizes his limited resources for the satisfaction of his unlimited wants, a man has limited amount of money and time, but his wants are unlimited. He must so spend the money and time he has that he derives maximum satisfaction. This is the subject matter of Economics.

Economic Activity: It we look around, we see the farmer tilling his field, a worker is working in factory, a Doctor attending the patients, a teacher teaching his students and so on. They are all engaged in what is called “Economic Activity”. They earn money and purchase goods. Neither money nor goods is an end in itself. They are needed for the satisfaction of human wants and to promote human welfare.
To fulfill the wants a man is taking efforts. Efforts lead to satisfaction. Thus wants- Efforts-Satisfaction sums up the subject matter of economics.

b) Economics is a social Science: In primitive society, the connection between wants efforts and satisfaction is close and direct. But in a modern Society things are not so simple and straight. Here man produces what he does not consume and consumes what he does not produce. When he produces more, he has to sell the excess quantity. Similarly he has to buy a product which is not produced by him. Thus the process of buying and selling which is called as Exchange comes in between wants efforts and satisfaction.
Nowadays, most of the things we need are made in factories. To make them the worker gives his labour, the land lord his land, the capitalist his capital, while the businessman organizes the work of all these. They all get reward in money. The labourer earns wages, the landlord gets rent the capitalist earns interest, while the entrepreneur’s (Businessman) reward is profit. Economics studies how these income—wages, rent interest and profits-are determined. This process in called “Distribution: This also comes in between efforts and satisfaction.
Thus we can say that the subject-matter of Economics is

1. Consumption- the satisfaction of wants.
2. Production- i.e. producing things, making an effort to satisfy our wants
3. Exchange- its mechanism, money, credit, banking etc.
4. Distribution – sharing of all that is produced in the country. In addition, Economics also studies “Public Finance”

Macro Economics – When we study how income and employment is generated and how the level of country’s income and employment is determined, at aggregated level, it is a matter of macro-economics. Thus national income, output, employment, general price level economic growth etc. are the subject matter of macro Economics.
Micro-Economic – When economics is studied at individual level i.e. consumer’s behavior, producer’s behavior, and price theory etc it is a matter of micro-economics.

c) Economics, a Science or an Art? Broadly different subjects can be classified as science subjects and Arts subjects, Science subjects groups includes physics, Chemistry, Biology etc while Arts group includes History, civics, sociology Languages etc. Whether Economics is a science or an art? Let us first understand what is terms ‘science’ and ‘arts’ really means.
A science is a systematized body of knowledge. A branch of knowledge becomes systematized when relevant facts hove been collected and analyzed in a manner that we can trace the effects back to their and project cases forward to their effects. In other words laws have been discovered explaining facts, it becomes a science, In Economics also many laws and principles have been discovered and hence it is treated as a science. An art lays down formulae to guide people who want to achieve a certain aim. In this angle also Economics guides the people to achieve aims, e.g. aim like removal poverty, more production etc. Thus Economics is an art also. In short Economics is both science as well as art also.

d) Economics whether positive or normative science: A positive science explains ''why" and "wherefore" of things. i.e. causes and effects and normative science on the other hand rightness or wrongness of the things. In view of this, Economics is both a positive and. normative science. It not only tells us why certain things happen, it also says whether it is right or wrong the thing to happen. For example, in the world few people are very rich while the masses are very poor. Economics should and can explain not only the causes of this unequal distribution of wealth, but it should also say whether this is good or bad. It might well say that wealth ought to be fairly distributed. Further it should suggest the methods of doing it.