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Determinants of cost of production of milk an empirical analysis

Milk production is the biggest segment within India Agriculture. In the Indian context of poverty and malnutrition, milk has a special role to play for its many nutritional advantages as well as income generation for millions of farmers. | Determinants of cost of production of milk an empirical analysis International Journal of Management IJM Volume 8 Issue 5 Sep Oct 2017 pp. 53 60 Article ID IJM_08_05_006 Available online at http www.iaeme.com ijm issues.asp JType IJM amp VType 8 amp IType 5 Journal Impact Factor 2016 8.1920 Calculated by GISI www.jifactor.com ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication DETERMINANTS OF COST OF PRODUCTION OF MILK AN EMPIRICAL ANALYSIS Dr. P. Nixon Dhas Assistant Professor in Commerce St. Jude s College Thoothoor Kanyakumari Tamilnadu India Dr. S. Nadarajan Associate Professor in Commerce St. Jude s College Thoothoor Kanyakumari Tamilnadu India ABSTRACT Milk production is the biggest segment within India Agriculture. In the Indian context of poverty and malnutrition milk has a special role to play for its many nutritional advantages as well as income generation for millions of farmers. Unlike other countries India s dairy industry is facing the problems of low milk prices prohibition of all the export benefits given to milk and value added milk producers exports as well as loss of indigenous cattle breeds due to cross breeding many factors are responsible for the cost of milk production. If usually depends upon the cost of fodder labour maintenance and health care. The region wise average cost of milk production were studied. Key words Cost of production of milk comparative cost of production - variable cost - fixed cost - Determinants of cost of production. Cite this Article Dr. P. Nixon Dhas Dr. S. Nadarajan Determinants of Cost of Production of Milk an Empirical Analysis. International Journal of Management 8 5 2017 pp. 53 60. http www.iaeme.com IJM issues.asp JType IJM amp VType 8 amp IType 5 1. INTRODUCTION Agriculture sector is regarded as the backbone of Indian Economy. Nearly 70 percent of the people live in 5 87 000 villages and their main occupation is agriculture. Agriculture is closely interwoven with animal husbandry and plays an .