Is goat business profitable in India?

How much profit does a goat farmer make?

A dairy goat farmer can make around $22 profit per goat per day. If we take a lactating average of 284 days, a goat farmer can earn $6248 a year. This is calculated with a $12/gallon goat milk value, an average of 2 gallons/day per goat, and a maintenance cost of $2/day.

Is goat farm profitable in India?

At present the annual gross revenue of the goat farm is Rs. 4 to 5 lakhs and total annual expenditure is Rs. 1.5 to 2 lakhs giving an annual net income of Rs. 2 to 3 lakhs.

Is it profitable to sell goats?

The fact of the matter is that farming meat goats can be and is very profitable. … In fact, meat goats are far more profitable than either sheep or cattle. Remembering that goats can be worth up to $20 per pound on average, whereas cattle goes for much less.

How much does it cost to start a goat farm in India?

Total expenditure and Profits in goat farming

550 per kg of live body weight. Currently, the annual gross revenue of the goat farm is Rs. 5 to 10 lakhs and the total annual expenditure is Rs. 3 to 5 lakhs giving an annual net income of Rs.

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Which goat is more profitable?

No doubt, Sirohi goat breed is one of the most profitable breed of india. Jamunapari is another popular goat breed of india. Jamunapari goat is also known as Queen of goat because of its adorable look and tall height. This is the dual purpose goat breed, it is best in both meat and milk production.

How many goats do you need to make a profit?

Before you bring home any goats to supplement your green lifestyle, you have to determine how many goats you really need. One of the biggest mistakes new goat farmers make is getting too many goats. You need at least two goats so that they can keep each other company, but it’s better to start slow.

What is the cost of 1 goat?

Questions & Answers on Goat

Gender Min Price Max Price
Both Rs 5000/Piece Rs 35000/Piece
Female Rs 220/Kg Rs 480/Kg
Male Rs 260/Kg Rs 500/Kg
Female Rs 4500/Piece Rs 25000/Piece

Is income from goat farming taxable in India?

No, income from animal husbandry will not be considered as agricultural income. How to calculate tax on agricultural income? As per Section 10(1) of the Income Tax Act, 1961, agricultural income is exempted from taxation. The central government cannot levy tax on the agricultural income received.

Are goats expensive to keep?

Are Goats Expensive To Keep? Regardless of the breed of goat you choose to keep as a pet, typical husbandry costs will range from $10 to $20 per week for their feed and water. Mature goats eat two pounds of food per day.

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