Business Idea: Want earn good amount of money? but dont know how? then there is good news for you. There are various businesses you can launch anywhere, whether in a small village or a bustling city. One such venture gaining traction among rural farmers is poultry farming, which offers an excellent source of extra income. You can kick off this business from home with an investment of around Rs 40,000-50,000, utilizing any available space in your house, yard, or fields. Both central and state governments are backing the poultry industry, providing support through loans and training programs.
In the past, many thought that poultry farming or agriculture wouldn’t yield significant profits. However, that’s changed, and people are now making substantial earnings by raising chickens. The key to success in this business lies in selecting the right chicken breeds.
Recommended breeds for poultry farming
To maximize your profits in poultry farming, consider raising breeds like Kadaknath, Grampriya, Swarnath, Keri Shyama, Nirbhik, Srinidhi, Vanaraja, Kari Ujjwal, and Kari. The central government offers subsidies for poultry farming under the National Livestock Mission Scheme, providing farmers with up to a 50% subsidy. For more details, you can check out the National Livestock Portal. Additionally, NABARD also offers good subsidies for poultry farming, and various financial institutions provide loans to help you get started.
Potential earnings from poultry farming
If you begin with 10 to 15 chickens, your initial investment will be around Rs 50,000. You can sell them in the market, potentially doubling your investment. A Desi hen typically lays about 160 to 180 eggs annually. By raising a substantial number of chickens, you could see profits in the lakhs each year.