Magazines

Subscribe to our print & digital magazines now

Subscribe

7 Most Profitable Agri-Business That Can Make You Rich

Farming is the rapidly growing arena in today’s world which has lots of potential if you choose the right and smart tricks. Hence, today we are going to highlight the highest earning jobs in farming where you can invest money and get good double amount in return.

Updated on: 13 September, 2021 11:42 AM IST By: Pronami Chetia
Agricultural Field

Farming is a fast-growing sector in today's globe with a lot of promise if you use the appropriate strategies. The central government provided a Rs.15,000 crore package for the animal husbandry sector last month. Furthermore, the government feels that animal husbandry can help farmers boost their revenue. As a result, we're going to showcase the highest-paying positions in farming today, where you may invest money and get a good return.

Profitable Businesses in Agriculture

The lives of about 20.5 million people in India depend on livestock. Earning money from animal husbandry farming is one of the most spectacular tasks. Here we will discuss seven such animal husbandry occupations that might help you enhance your agricultural earnings.

Dairy farming

Milk cattle are a simple way for a farmer to get started in dairy production. Furthermore, the government offers dairy farmers a credit of up to $7,500 through various initiatives. For this work, NABARD also provides a loan subsidy. Dairy farming is a profitable company in every scenario since there is always a demand for milk and milk products.

(Also go through: Things to Keep in Mind before Starting a Dairy Farm in India)

Goat rearing

Animal husbandry includes goat rearing. Goat farming provides milk as well as meat. Work with goats might also begin at a very modest scale. Goat farming requires less land, money, and attention. In cities, goat milk is in high demand, and the milk is sold at a high price.

(For more detail also read Goat farming Business Plan)

Pearl Farming

Moti (Pearl) is grown at a variety of locations in India. This process can begin on a very tiny piece of land. The Central Institute of Fresh Water Aquaculture in Bhubaneswar offers pearl growing instruction.

Earning from pearl farming

A 10x10-foot pond can be used to grow pearls. The pearl is created by inserting a form into the oyster through a process called surgery. The months of October through December are regarded the optimum for pearl farming. An oyster will cost you at least between 8 and 12 rupees. The price of 1 mm to 20 mm oyster beads varies between Rs.300 and Rs.1500 in the market. Designer beads are very popular nowadays, and they sell for a fair price on the market.

(For more detail you can read How To Start Pearl Faming)

Quail farming

Quail bird meat and eggs are in high demand on the market. Poultry farming produces poultry at a low cost and in a short amount of time. In a single year, quail can give birth to three to four generations. From the age of 45 days, the female quail begins to deposit eggs. In the same space as a chicken, 8 to 10 quail can be raised.

Poultry Farming

The demand for chicken meat and eggs is constantly rising. Molly farming is a little or large-scale enterprise that can be started on a small or huge scale. Poultry can also be raised in the backyard of a home by small farmers. Grants are available from the government for chicken farming.

( For Further details you can go through How to Start Your Own Poultry Farm)

Sheep Farming

Sheep, like goats, are raised for meat and milk. Wool is the most significant benefit of sheep farming. Diverse varieties of sheep are used for different purposes, such as wool, meat, and milk. Sheep farming may be begun in less space and at a lesser cost, according to agricultural scientists.

(For more details, you can read Tips and Tricks For Sheep Farming)

Fish Farming

Fish farming is simple to undertake as well as agriculture. On Bihar and the Northeast, fish aquaculture takes place in paddy fields. In an acre of pond, fish farming can bring in Rs.6-8 lakh per year. In addition to ducks, pond fish can be used for duck farming.

Test Your Knowledge on International Day for Biosphere Reserves Quiz. Take a quiz