Abstract

ECONOMIC EFFICIENCY OF MILK PLANTS IN PUNJAB AND HARYANA

Pooja Arora

Volume: 2 Issue: 2 2012

Abstract:

India has witnessed white revolution, which portrayed manifold increase in milk yield during the post independence era. The fact, that dairying could play a major constructive role in promoting rural welfare and reducing poverty, is increasingly being recognized. Milk production alone involves more than 70 million producers, each raising one or two buffaloes. Milk production in country has enhanced from 17 million tonnes during 1951 to 92.2 million tonnes during 2005-2006 and India has become number one in milk production during 1998 after surpassing USA. The target for 10th five- year plan, though yet not finalized would be of order of 100 million tonnes. The value of milk and milk products during 1998-99 was reported to be 8,22,640 million, which accounted for 21% of agricultural output during that year putting dairy enterprise as the highest contributor to agricultural sector. Milk production has become major farm enterprise contributing about 7% to GDP of India. According to an estimate, the milk production of our country would be 115 million tonnes during 2009-10 considering a growth rate of 4% in milk production (Gandhi and Sharma, 2001).

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