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Indian Journal of Economics and Development
Year : 2022, Volume : 18, Issue : 2
First page : ( 388) Last page : ( 394)
Print ISSN : 2277-5412. Online ISSN : 2322-0430.
Article DOI : 10.35716/IJED/21306

The Pattern of Farm Investment in Livestock Enterprise: A Comparative Analysis in Two Contrasting Regions of Eastern India

Roy Arnab1,*, Venkataramana M.N.2, Chatterjee Saikat3

1Assistant Professor, Lovely Professional University, Phagwara-144411 (Punjab)

2Professor, Department of Agricultural Economics, University of Agricultural Sciences, Bengaluru-560065 (Karnataka)

3Department of Agricultural Economics, Bidhan Chandra Krishi Viswavidyalaya, Mohanpur-741252 (West Bengal)

*Corresponding author's email: royarnab_94@rediffmail.com

Online Published on 06 February, 2023.

Abstract

This study estimated the pattern of investment in the livestock sector in progressive and less-progressive states of eastern India over the period of 2011-12 to 2018-19. The results revealed that the large farms (83,453/farm) invested 3.7 times higher on livestock as compared to small farms (22,475/farm) in the progressive state, whereas large farms (45,965/farm) invested almost 2.9 times higher on livestock as compared to small farms (15,565/farm) in the less-progressive sate. Unlike the progressive state, the percentage of investment in livestock was higher for small farms than for large farms in a less-progressive state. Annual income and borrowed capital in the progressive state, whereas irrigated land, education, and borrowed capital in the less-progressive state significantly influenced the farm investment.

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Keywords

Borrowed capital, Farm investment, Livestock enterprise, Local government, Progressive state.

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