Goat Farming: Earn Over Rs 2 Lakh By Starting This Business With 90% Government Subsidies

Goat farming is not a new activity in rural India; people have reared goats since ancient times. Since goat rearing business requires little investment and has multiple uses, it is an extremely profitable business. Therefore, you can make huge profits from goat rearing. Goat rearing has many benefits, such as milk, manure, and so on.

Government’s Support for Goat Farming:

This business is very easy to start. The government can assist you in starting it. The Haryana government subsidises goat owners by up to 90 percent to promote animal husbandry in rural areas and create self-employment opportunities. Other states also provide subsidies. There is a government subsidy of up to 35% for animal husbandry in India. You can take a loan from the bank if you do not have the money to start goat farming. NABARD will give you a loan for goat farming.

Cost of Rearing Goats:

As a starting point, you need to know about location, feed, freshwater, number of laborers, veterinary assistance, market potential, and export potential. Goat is especially in high demand in India. At the same time, its meat is one of the best and its domestic demand is very high. This is not a new business and this process is going on since ancient times.

Earnings from Goat Farming:

A goat farming project can be very profitable. An average income of Rs 2,16,000 can be earned from 18 goats, according to a report. On the other hand, the male version can earn an average of Rs 1,98,000.

Goat Farming Training In Delhi or Other Cities in India:

When you plan on raising goats commercially, you must also have thorough knowledge about high-yielding goat breeds, goat care management, goat feed management, diseases & control measures, vaccination, and so on.

Here is a list of training centers in India that offer goat farming courses.

Delhi: ICAR – Central Institute for Research on Goats, Nodal Officer, HRD Training