The Goat Farming Project: Investments, Expenses, & Profits

Goat Farming Project: A discussion of the Goat Farming Project Report is necessary. Ordinary people are first concerned about the price of doing that business. Today’s topic will be goat farming business plan, keeping this in mind. It will also explain how much doing goat farming business will cost. In order to provide an estimate of expenditures and income for people interested in goat farming.

Farmers and livestock owners can easily start a goat rearing or goat farming business, and farmers also rear goats for additional income. The lack of information prevents many farmers from getting loans for goat rearing. We will tell you how farmers can get goat farming loans and grants from the government for rearing 200 goats. As part of the government plan, goat for farming project reports will also describe he-goats along with goats.

The Goat Farming Project Report for the Goat Farming Subsidy

In order to apply for a goat farming loan, you must prepare a goat farming business plan or project report. This report is needed for raising cows, buffaloes, sheep, etc. You will learn about goat farming in India in this article. In order to raise goats, a person must specify where he wants to raise them, if the land belongs to him or if he is renting it. A detailed description of the farm, including the amount of land to be used and the cost of the shed’s construction, is required.

• If you want to buy goats or he-goats, you must include the prices in the project report. A report on the project must include the cost of purchasing goats and he-goats for the interested person.

• Having a meal after the accommodation is essential. As a result, the project report must describe how much food the goats will receive in a year. A project report must also include the total cost of the food.

• Farmers can also obtain livestock insurance for goats under the livestock insurance scheme.

• In addition to the project report, farmers must include additional expenses, such as those related to using machines or spending other materials. A livestock owner must explain how much will be spent on opening a goat farm in this way.

Process of Goat Farming

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The District Animal Husbandry Department must approve the report before the person can receive the subsidy, i.e. government scheme. A subsidy will be available if the project report is approved. There is a different subsidy amount for each class, however, the amount may also vary between states. The amount is usually up to 50%. You can request a loan from your bank if the animal husbandry department’s project is approved for goat farming.

A loan is given only if it seems appropriate after the bank has thoroughly investigated the applicant. A person interested in goat farming can take goat rearing training from the district animal husbandry department or any of the training centers in India. A goat farming training certificate is provided by the training center to the trainee, which facilitates obtaining a bank loan for goat farming.

The following project reports relate to 200 goats and 10 he-goats. This report can be modified by farmers as they wish. You can mention an overpriced component in your report, for example.

Goat Farming Project Report Rules

1. This Project Report is based on the Black Bengal goat breed. In this, 200 goats of 2 years of age and 10 he-goats will be purchased.

2. It is possible to feed goats with manure produced from goat farms.

3. When a goat or he-goat dies, it is necessary to purchase a new goat or he-goat for farming.

4. It is important to make this clear. This goat farming project report has pronounced he-goat, he-goats for (Male Goat) and goat, goats for (Female Goat).

5. The cost of starting a goat farm will be explained to you.

   Technical Details
   Goat Breed	Black Bengal
   Number of He-goats	10
   Number of goats	200
   Sex Ratio	20:1
   Breeding Interval	8 Months
   Goat Breeding Ability / Breeding	1.5 This means a goat can produce three children in 1 year. Or, on average, you can run it with a value of 2.7.
   The Age of The lamb Sold In The Market	11 Months
   Maturity Age of Goat	10-12 Months
   Death Rate of The Lamb	15%
   Percentage of Lamb	85%
   Goat Farming System	Semi-Intensive

   Expense Norms of Goat Farming Project Plan

Construction costs are included in the expenses, as is the space where the goats will live.

• The space needed for a goat is 10 square feet, and for a he-goat it is 15 square feet.

• There is a need for 4 square feet of space for the lamb.

• The cost of one square foot of land is also Rs 180.

• There is a price of Rs 16 per kg for feeding food.

• It is important to include the farm’s labour charges in your calculations.

• The project report will also include the cost of goat insurance.

Goat Farming Project Expenditure

Sheds, equipment, Borewell Pumps, and other items are included in the goat farming project report.

• There is a cost per square foot of land of Rs 180.

• There is a need for 2000 square feet of land for the total number of goats.

• A total of 1840 square feet is needed for the lambs.

• There is a cost of Rs 3000 for purchasing one goat.

• The cost of purchasing one he-goat is Rs 5000.

• The total number of he-goats need 150 square feet of land.

  One time Capital Cost	Amount in Indian Rupee
  Rs 180 per sq. ft., and the cost of shed 200 goats at the rate of 10 sq. ft. per goat	3,60,000 (One goat needs 10 square feet and 200 goats need 2000 square feet, multiply 2000 by 180).
  The cost of shedding 10 he-goats at the rate of 15 square feet per goat	27,000 (multiplying 15 by 10 will give 150, now multiply 150 by 180)
  For about 460 lambs, at the rate of 4 square feet per child, 1840 square feet of space is required. The cost of its shedding	3,31,200 (Multiply 1840 by 180)
  Cost of buying equipment like trough and bucket used in goat farming project in India	18,000
  Borewell Pump With Set (Optional)	90,000
  The cost of buying 200 goats at the rate of Rs 3000 per goat	6,00,000
  The cost of buying 10 he-goats at the rate of Rs 5000 per he-goat	50,000
  Total Capital Cost	14,76,200

Goat Farming Project Working Capital

The operating costs of any project are included in working capital, and here we have the goat farming business’s total operating expenses.

• This report shows a labour cost of 5000 per month.

• It costs 5% of the total goat purchase price to insure the goats.

• On an acre of land, goat food costs Rs 5000.

• The cost includes feeding, vaccination, medicines, and electricity.

  Goat Farming Project Cost	Amount in Indian Rupee
  5000 per month as the cost of 1 Labor for one year	60000
  Insurance cost 5% of the cost of buying goats, goats	32,500 (6,50,000 × 5%)
  The cost of feeding 200 goats during two months of breeding, feeding 6.75 kg to one goat in a month. And the rate of feed is Rs 16 per kg	43,200 (200 goats will eat 1350 kg of food in one month and 2,700 kg of food in two months. Multiply 2,700 by 16)
  Feeding cost of 10 he-goats for two months at the rate of 7.5 kg per month per he-goat	2,400 (10 he-goats eat 75 kg in one month and 150 kg supplementary feed in two months. Multiply 150 by 16)
  The cost of feeding 460 lambs in a month is 3.75 kg per month per lamb	27,600 (460 lambs will eat 1725 kg of food in a month. Multiply 1725 by 16.)
  5000 per acre to produce food for goats on 4 acres of land	20,000
  Vaccination, medicines and electricity charges	26,100
  Total Working Cost of the Goat Farming Project	2,11,800
  Total Project Cost	14,76,200+2,11,800 = 16,88,000

The income report for the goat farming project

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Report YoY of the Herd of Goats

The first 200 goats you bought were females and ten of them were males. It is possible to sell 230 he-goats and 230 goats after a year. Listed below are all the goats in the herd.

A summary of the goat farming project 

As a result, you can see that the entire business of the last four years has been scrutinized. The following are goat farming profits and costs:

• The capital cost of the business

• The working cost of the business

• The total cost of the business

• Income in goat farming from the goats sold and he-goats sold, etc.

  Year	First Year	Second Year	Third Year	Fourth Year
  Capital cost	Rs 14,76,200
  Working cost	2,11,800	2,11,800	2,11,800	2,11,800
  Total cost	16,88,000	2,11,800	2,11,800	2,11,800
  Income from goats sold	–	230 ×2400 = 5,52,000	230 ×2400 = 5,52,000	230 ×2400 = 5,52,000
  Income from he-goats sold	–	230 ×2700 = 6,21,000	230 ×2700 = 6,21,000	230 ×2700 = 6,21,000
  Earnings from Sold Gunny Bags	920	920	920	920
  Total earnings	920	11,73,000	11,73,000	11,73,000
  Total profit	-16,87,080	9,61,200	9,61,200	9,61,200