E.2. What are the different components of economics of animal rearing in India?
Important components of animal rearing and their success stories
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Dairy industry |
India ranks first in milk production in the world. Its milk output of 221 million tonnes in 2021-22 accounted for nearly 23 per cent of global milk supplies. Milk is the country’s largest agricultural commodity, surpassing rice and wheat in terms of both volumes and value of production |
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Poultry Industry |
India ranks third in egg production. The output of eggs in 2020-21 is around 130 billion. This amounts to a per capita availability of around 95 eggs per year. |
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Meat Industry |
India ranks 5th in terms of meat production, producing around 6.3 million tonnes of meat. Buffalo meat alone accounted for nearly two-thirds of meat products exports. |
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Sericulture Industry |
India’s Silk Industry is world’s second largest after China. The total raw silk production in India was 33,739 MT in 2020-21. |
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Fishing Industry |
India is the world’s second-largest fish producer, with exports worth more than Rs 47,000 crore. Fisheries are the country’s single-largest agriculture export, with a growth rate of 6 to 10 per cent in the past five years. |