Performance of Kmf Large Scale Dairy Enterprises and Trade Assessment of Dairy Products in India An Econometric Analysis

Abstract

The study attempts to analyze the dynamics of livestock sector w.r.t population, newlinetrends, composition of export of dairy products from India, physical, financial and newlineeconomic performance of milk unions and financial feasibility of investment in large newlinescale dairy enterprises and constraints faced by them in Karnataka. Dynamics implied of newlinedeclining trend in cattle population (-0.81%) during 2007-12 while, buffalo population newlinecontinuously increased to 108.70 million in 2012. The share of livestock GVA to the newlineagriculture and allied sectors in ten years period (2011-12 to 2021-22) witnessed a newlinesubstantial growth from 21.79 to 30.18 per cent. The state wise distribution of newlinelivestock in the country was analysed. It can be seen that 13.42 per cent of total newlinelivestock population was in Uttar Pradesh followed by Rajasthan (11.27 %) and Andhra newlinePradesh (10.96 %). The CAGR of livestock GVA is 7.63 per cent is much higher than newlinethat of agriculture and allied sector (3.64%) together. The transitional probability matrix newlineimplied probability of retain of previous years share was higher for USA (45.56%), newlineUAE (44.62%) and Saudi Arab (36.74%). India is competitive for exporting cheese and newlinecurd (NPC=0.86), while dairy products put together are not competitive (NPC=1.76). newlineDAMUL had the highest current ratio in both the periods and it has surpassed the newlinestandards (2.19 for Period I and 2.26 for Period II) and was lowest for GUMUL (1.89 newlinefor Period I and 1.95 for Period II). The debt equity ratio was highest for BEMUL (1.95 newlinein Period I and 1.75 in Period II) and lowest for RBKMUL (1.69 in Period I and 1.58 in newlinePeriod II). The seasonality in a procurement of milk by DCS as procurement indices newlinewere above average (100) from November to March and below average (100) from newlineApril to October. The seasonal indices for BAMUL was highest in the month of January newlineand December for Period I (122.70) and Period II (120.86) respectively. And the lowest newlineseasonal indices were observed in the month of August, for both the periods thereby newlineindicating the effect of