Economic Analysis of Crop Production and Dairy Farming on Marginal and Small Farms in Punjab

The economic analysis of crop production and dairy farming has been reported for marginal and small farmers in Punjab for the year 2003-04. It has been found that a majority of the farm households are not able to meet their requirements from their income from crops and dairy farming. Further dairy farming has emerged as a major allied enterprise for supplementing the income of marginal and small farmers in Punjab. Income from off-farm sources has been identified another important factor contributing significantly to the disposable income of these farm households. The study has suggested to further exploit the potential of off-farm sources towards meeting the domestic expenditure. Also, the technical efficiency of crops and dairy farming should be improved to provide more income to farmers.