THE ECONOMICS OF ANIMAL HUSBANDRY

What is meant by Animal husbandry ?
husbandry is considered to be a part of the allied activities associated with agriculture. It is an economic activity which can be conducted along with agriculture. Agriculture and animal husbandry do not require separate infrastructure and can be done simultaneously without affecting each other.


Agriculture suffers from a number of uncertainties. Failure of Monsoon, slight climatic change may affect agriculture instantly. Hence in such situation animal
husbandry serves as an alternative and become a source of additional income for the farmers. That is the reason why, it is considered to be complementary to agricultural activities. Infact through agriculture, availability of fodder can be ensured for animal husbandry and through animal husbandry availability of of natural fertilizers can be ensured for agriculture. Therefore they both are complementary to each other.

In order to strengthen animal husbandry as an important economic activity, in 2014 National Livestock Mission was introduced. This mission had four important objectives:-
● How to make agriculture and animal husbandry more and more complementary to each other. To ensure the availability of fodder and natural fertilizers.
● To protect livestock by enhancing their procreation.
●. To promote rearing of pigs in a North Eastern   states.
● To maximize use of technology in every possible way for the benefit of animal husbandry.

This mission has also yielded positive result and in terms of livestock India has achieved to the top most position surpassing Brazil. In terms of climatic conditions India is a highly diversified country. Hence it becomes a possibility to breed and rear almost every different type of livestock.

According to the Economic Survey 2021-22, the animal husbandry sector in the last five years, has progressed at an annual growth rate of 8.15%. As per the latest Situation Assessment Survey (SAS), this sector has emerged as a stable source of income for the agricultural households. The animal husbandry sector contributes an average of 15% to the monthly income
of the farmers.

In the budget 2020-21, the concept of Sagar Mitras and Fish FPOs were introduced and it was decided to promote these concepts. These Sagar Mitras are the rural youth living in coastal areas of the country. Fish FPOs are just like the Farmer Producer Organisations related to agriculture. The government had decided that with the help of 3477 Sagar Mitras and 500 Fish FPOs production and export of sea food will be promoted, it will not only add to GDP of country but it
will also create new employment opportunities. 
■ Budget 2023-24 focus on launching a new sub scheme of PM Matsya Sampada Yojana.

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