What is the role of livestock in the national economy?

What is the role of livestock in the national economy?

Livestock provides livelihood to two-third of rural community. It also provides employment to about 8.8 % of the population in India. India has vast livestock resources. Livestock sector contributes 4.11% GDP and 25.6% of total Agriculture GDP.

What are the roles of livestock in economic development?

The livestock species play very important economic and socio-cultural roles for the wellbeing of rural households which include food supply, source of income, asset saving, source of employment, soil fertility, livelihoods, transport, agricultural traction, agricultural diversification and sustainable agricultural …

Why are livestock important in many traditional farming systems?

Livestock production is closely interrelated with crop production. The use of livestock and its sub product manure are important in crop production. Livestock is a source of energy providing draught animal power while manure improves soil structure and fertility as well as water retention.

What are the types of livestock management?

According to FAO there are three main livestock management systems:

  • mixed production.
  • intensive farming systems “landless”
  • extensive production system.

How livestock benefits our society?

Livestock production contributes to sustainability through use of uncultivable land for food production, conversion of energy and protein sources that cannot be used by humans into highly nutritious animal-sourced food and reduction of environmental pollution with agroindustrial by-products, while generating income and …

What are the advantages of livestock farming?

The cattle farm is considered to improve farmers’ total income and to boost their living conditions. As a means of manure for soil enrichment and as a source of biofuel, the animal waste which is produced can be used. For a significant number of people, it is a source of employment.

How does livestock benefit the environment?

However, cattle have also been found to provide several environmental benefits such as keeping wildlife corridors open, preventing the spread of noxious weeds, and promoting the growth of local vegetative species.

What is traditional livestock farming?

Worldwide, local livestock breeds are being crossed or replaced with higher-yielding animals under the motto “exotic is better”. Through traditional farming systems a broad diversity of livestock breeds is being preserved and developed to provide meat, dairy products, eggs, fibre, fertilizer, manure and draught power.

What is traditional livestock?

Livestock are the domesticated animals raised in an agricultural setting to provide labor and produce commodities such as meat, eggs, milk, fur, leather, and wool.

What is the importance of livestock?

Livestock production constitutes a very important component of the agricultural economy of developing countries, a contribution that goes beyond direct food production to include multipurpose uses, such as skins, fibre, fertilizer and fuel, as well as capital accumulation.

What is livestock management?

Livestock management involves managing farm animals and supervising farm workers. Livestock management requires knowledge of animal science and animal husbandry, as well as good business sense. Many livestock managers must also keep financial records for their operations.

Why is livestock so important?

Livestock are important assets for vulnerable communities. Globally, around 500 million pastoralists rely on livestock herding for food, income, and as a store of wealth, collateral or safety net in times of need.

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