Goat Farming Project Report: Investment, Expenses & Profit

Goat Farming Project Report in India for Loan and Subsidy

Talking about the Goat Farming Project Report becomes necessary. Because the first question that comes to the mind of an ordinary man is how much it will cost to do that business. Keeping this in view, today, we will talk about the goat farming business plan. And will try to explain what things will cost and how much to do Goat Farming Business. So that people who wish to do Goat farming business can get an approximate idea of expenditure and income.

Moreover, Goat rearing or Goat Farming is a business that farmers and livestock owners can easily start, and farmers also want to rear goats for additional income. Many farmers also need loans for goat rearing, but farmers cannot get loans due to a lack of information. Today we will tell you how farmers or livestock farmers can take goat farming loan and grants from the government for 200 goat rearing. According to the government’s plans, it is also mandatory to take he-goats along with goats, so in the goat for farming project report, we will give information for 100 goats and 5 he-goats. 

Goat Farming Project Report for Goat Farming Subsidy 

“Goat farming project report for bank loan / subsidy for goat farming”

It is necessary to prepare a goat farming business plan or project report to take a goat farming loan. This report is also required for you for cow rearing, buffalo rearing and sheeps rearing etc. In this post, we will give you information about the goat farming project in India. In the goat farming project report, the interested person has to tell where he wants to rear the goat, this land belongs to him, or he will take this land on rent and put the farm. We have to give all the details like how much land will be used for the farm and how much will be spent on the shed construction etc.

  • In the project report, you have to tell the goat and he-goat prices you want to buy. The interested person is of a good breed, the cost of purchasing goat and he-goat must be mentioned in the project report. 
  • Food is necessary after the accommodation. Therefore, the project report has to be given in detail about how much food will be given to the goats in a year. In addition, the total cost of the food is also required to be mentioned in the project report. 
  • Besides, goats will also have to be insured, which farmers can get done under the livestock insurance scheme. 
  • Farmers have to give additional expenses in their project report, such as if someone uses machines or spends some other material, then the details of all these things also have to be given in the report. In this way, the livestock owner has to tell the total cost, i.e. how much to be spent on opening the goat farm.

Process of Goat Farming

Process of Goat Farming

To take advantage of the subsidy, i.e. government scheme, the person will have to approve this report from the District Animal Husbandry Department. If this project report is approved, then the person will be eligible for subsidy. Although the subsidy is different for all the classes, apart from this, the amount of subsidy may also change in the states. Usually, it is up to 50%. If you want to take a loan for goat farming, then take the animal husbandry department’s project to your bank.

The bank gives the loan after doing all the investigation of the person if it seems appropriate. If the interested person wants, he can take goat farming business training in India for goat rearing from the district animal husbandry department or any training centre. The training centre provides a goat farming training certificate to the trainy, which helps to take a bank loan for goat farming.

We bring for you project reports for 200 goats and 10 he-goats. Farmers can modify this report as per their wishes. For example, if you think a component is overpriced, you can mention that in your report. 

Goat Farming Project Report Rules 

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. Manure produced from Goat Farm can be used to produce fodder for goats.
  3. However, if a goat or he-goat dies, it is necessary to buy a new he-goat / goat for farming instead.
  4. Let us make it clear here. This goat farming project report has pronounced he-goat, he-goats for (Male Goat) and goat, goats for (Female Goat).
  5. We will tell you that how much does it cost to start a goat farm.

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

In the expenses, the construction cost included along with the space where the goats will reside. 

  • Each Goat needs 10 square feet of space, and each he-goat needs 15 square feet of space. 
  • The lamb needs 4 square feet place. 
  • In addition, the cost of 1 square foot of land is Rs 180. 
  • The price of the feeding food is Rs 16 per Kg.
  • You have to include labour charges for the farm. 
  • In addition, the cost for Goat insurance will be include in the project report. 

Expense Norms of Project Report On Goat Farming

Space in square feet / he-goat 15 square feet
Space per goat 10 square feet
Every lamb needs a space 4 square feet
Cost of construction Rs 180 per sq ft
Cost of goat farming equipment for mature goats per goat Rs 20
Cost per acre to produce green grass for goat Rs 5000
Goat feeding quantity for one month before and after breeding. per goat 6.75 kg/per month
The quantity of feeding he-goats for two months in a year (Only in breeding season) 7.5kg/per month
Lamb food quantity for 30 days after birth. per lamb  3.75 kg per month
Price per kg of the above-mentioned food Rs 16
need for labour 1
labour wages per month Rs 5000
Goat insurance: % of the total cost of breeding goats 5%
Veterinary expenditure: per year on each mature goat and He-goat Rs.50 per year

Goat Farming Project Expenditure

The project report for goat farming includes several things like shedding, equipment, Borewell Pump, and others. 

  • The cost per square foot of land is Rs 180. 
  • The total number of Goats need 2000 square feet of land.
  • The total number of lambs need 1840 square feet of land. 
  • The cost of purchasing one goat is Rs 3000.
  • 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 

Working Capital includes the operational cost of any project, and here we are with the entire operating expenses of the goat farming business.

  • The labour cost in this report is 5000 per month. 
  • The insurance cost of the goats is equal to 5% of the total cost of purchasing goats. 
  • The cost of producing food for goats is Rs 5000 per acre.
  • It includes feeding, Vaccination, medicines and electricity charges, etc.

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

Income Report in Goat Farming Project

Earning Criteria from Goat Farming Project 

11-month old he-goat sale rate/ per goat Rs 2700
11 Months Goat Sale Rate/ Per Goat Rs 2400
Rate/per bag of Used Gunny Bags  Rs 10
Income from fertilisers has not been included in this Goat Farming Project Report because we can use manure to produce food for the goats. The sex ratio between Born goat and he-Goat is taken as 1:1.

Report YoY of the Herd of Goats

Report YoY of the Herd of Goats

In the beginning, you bought 200 goats and 10 he-goats. After one year, you can sell 230 he-goats and 230 goats. The following table shows all about the herd of goats. 

Year

First Year

Second Year

Third Year

Fourth Year

Number of goats purchased 200
Number of he-goats purchased 10
Breeding per breeding 1.5 1.5 1.5 1.5
Number of goats born 270 270 270 270
The number of he-goats born 270 270 270 270
Mortality rate 15% 80 80 80 80
The number of goats available for sale Goats reared in the first year will be sold in the second year 230 230 230
The number of he-goats available for sale he-Goats reared in the first year will be sold in the second year 230 230 230

Summary of Goat Farming Project 

In summary, you can see all the scrutiny of the entire business of four years. Here you can find goat farming profit and cost, which are: 

  • 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

Scrutiny of Complete Business of Four Years

Total Earnings – (9,61,200 + 9,61,200 + 9,61,200) = 28,83,600

How much profit in goat farming of 4 Years: {(Total Earnings – Total Expenses) (28,83,600 – 16,87,080)} = Rs. 11,96,520

Note: This goat farming project proposal is made for educational purposes. The data given in it is subject to change based on time, location, etc.

FAQs of Project report of Goat Farming

Que. Do goats need shelter?

Ans. Yes, goats need shelter. 

Que. How to get a goat farming loan?

Ans. Make a goat farming project report to get a loan. 

Que. Is goat farming a profitable business? 

Ans. Yes, goat farming is very profitable in India. 

Que. How to apply for goat farming subsidy?

Ans. Just make a perfect plan for your goat farming and apply for the subsidy. 

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