Sources of risks in livestock production and their management strategies in northern India

This study was undertaken to analyze the opinion on risks sources and their management strategies in livestock enterprises. Data collected through a field survey conducted in Haryana and Rajasthan in 2015–16 from 913 livestock farmers on structured schedule forms the basis of this paper. Rajastha...

Full description

Bibliographic Details
Main Authors: SUBHASH CHAND, PREM NARAYAN, KHYALI R CHAUDHARY
Format: Article
Language:English
Published: Indian Council of Agricultural Research 2023-01-01
Series:Indian Journal of Animal Sciences
Subjects:
Online Access:https://epubs.icar.org.in/index.php/IJAnS/article/view/80012
_version_ 1828039135211814912
author SUBHASH CHAND
PREM NARAYAN
KHYALI R CHAUDHARY
author_facet SUBHASH CHAND
PREM NARAYAN
KHYALI R CHAUDHARY
author_sort SUBHASH CHAND
collection DOAJ
description This study was undertaken to analyze the opinion on risks sources and their management strategies in livestock enterprises. Data collected through a field survey conducted in Haryana and Rajasthan in 2015–16 from 913 livestock farmers on structured schedule forms the basis of this paper. Rajasthan depicts dry and harsh tract and Haryana with assured irrigated, and both contribute significant share in milk production. The socio-economic and demographic factors did not vary significantly except milk yield, experience in dairy, annual income for different categories of farmers. Our observation indicated that livestock owner faced risks from different sources, viz. breeding, animal health, marketing, institutional and policy related. Further risk management strategies including better breed, animal health checkup, seeking advice of veterinary expert, friend consultations, forward selling contracts, maintenance of farm inventory, accessibility to different financial, extension and government institutions etc. were adopted to cope up with risks in livestock enterprise. The determinants of source of risks were significantly influenced by a number of socio-economic and demographic characteristics. The herd size had negative relation with extent of various risks. Rajasthan farmers face higher degree of risk than Haryana. Higher education status also indicated that the lover risks and other factors like knowledge level and milk yield indicated positive influence of source of risks means higher knowledge level and yield, reduce the risks. The policy makers and researchers should see the solutions and options to minimize the source of risks in livestock production and management.
first_indexed 2024-04-10T16:37:12Z
format Article
id doaj.art-d2a3ee70a3174fdd843239c8ef9ec7ff
institution Directory Open Access Journal
issn 0367-8318
2394-3327
language English
last_indexed 2024-04-10T16:37:12Z
publishDate 2023-01-01
publisher Indian Council of Agricultural Research
record_format Article
series Indian Journal of Animal Sciences
spelling doaj.art-d2a3ee70a3174fdd843239c8ef9ec7ff2023-02-08T11:22:41ZengIndian Council of Agricultural ResearchIndian Journal of Animal Sciences0367-83182394-33272023-01-0188510.56093/ijans.v88i5.80012Sources of risks in livestock production and their management strategies in northern IndiaSUBHASH CHAND0PREM NARAYAN1KHYALI R CHAUDHARY2Principal Scientist, Agricultural Economics, ICAR-National Institute of Agricultural Economics and Policy Research, Pusa, New Delhi 110 012 IndiaChief Technical Officer, ICAR-National Institute of Agricultural Economics and Policy Research, Pusa, New Delhi 110 012 IndiaAssistant Chief Technical Officer, ICAR-National Institute of Agricultural Economics and Policy Research, Pusa, New Delhi 110 012 India This study was undertaken to analyze the opinion on risks sources and their management strategies in livestock enterprises. Data collected through a field survey conducted in Haryana and Rajasthan in 2015–16 from 913 livestock farmers on structured schedule forms the basis of this paper. Rajasthan depicts dry and harsh tract and Haryana with assured irrigated, and both contribute significant share in milk production. The socio-economic and demographic factors did not vary significantly except milk yield, experience in dairy, annual income for different categories of farmers. Our observation indicated that livestock owner faced risks from different sources, viz. breeding, animal health, marketing, institutional and policy related. Further risk management strategies including better breed, animal health checkup, seeking advice of veterinary expert, friend consultations, forward selling contracts, maintenance of farm inventory, accessibility to different financial, extension and government institutions etc. were adopted to cope up with risks in livestock enterprise. The determinants of source of risks were significantly influenced by a number of socio-economic and demographic characteristics. The herd size had negative relation with extent of various risks. Rajasthan farmers face higher degree of risk than Haryana. Higher education status also indicated that the lover risks and other factors like knowledge level and milk yield indicated positive influence of source of risks means higher knowledge level and yield, reduce the risks. The policy makers and researchers should see the solutions and options to minimize the source of risks in livestock production and management. https://epubs.icar.org.in/index.php/IJAnS/article/view/80012IndiaLivestock farmingPerceptionRisk management strategiesSource of risks
spellingShingle SUBHASH CHAND
PREM NARAYAN
KHYALI R CHAUDHARY
Sources of risks in livestock production and their management strategies in northern India
Indian Journal of Animal Sciences
India
Livestock farming
Perception
Risk management strategies
Source of risks
title Sources of risks in livestock production and their management strategies in northern India
title_full Sources of risks in livestock production and their management strategies in northern India
title_fullStr Sources of risks in livestock production and their management strategies in northern India
title_full_unstemmed Sources of risks in livestock production and their management strategies in northern India
title_short Sources of risks in livestock production and their management strategies in northern India
title_sort sources of risks in livestock production and their management strategies in northern india
topic India
Livestock farming
Perception
Risk management strategies
Source of risks
url https://epubs.icar.org.in/index.php/IJAnS/article/view/80012
work_keys_str_mv AT subhashchand sourcesofrisksinlivestockproductionandtheirmanagementstrategiesinnorthernindia
AT premnarayan sourcesofrisksinlivestockproductionandtheirmanagementstrategiesinnorthernindia
AT khyalirchaudhary sourcesofrisksinlivestockproductionandtheirmanagementstrategiesinnorthernindia