An Economic Analysis on Factors Influencing the Family Income of Livestock Farmers: A North-Eastern Karnataka Study
DOI:
https://doi.org/10.5455/ijlr.20191021060133Keywords:
Family Income, Livestock Based Income, Multiple Regression Function, North-Eastern Karnataka, Off-Farm EnterpriseAbstract
Livestock is an integral part of farming in the agricultural scenario of the country as well as the state. Since
ancient times, cattle and buffaloes are maintained to meet the daily requirements of milk, draught power,
field operation and for valuable organic manure. Sheep, goats, poultry and pigs are used to extract the
meat, which is the major source of animal protein in the country. Multiple regression function was fitted
and regression coefficients of various factors influencing the total family income of livestock farmers were
identified. Among different explanatory variables, per cent share of dairy income to total income (326.09),
per cent area under irrigation (473.26) and number of milch animals (17027.92) were significantly
influencing the total income of the livestock farmers. Whereas, total dairy expenditure was negatively
significant. Livestock provides major source of income to the landless labourers, marginal and small
farmers to sustain their family income in the area of study.
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