Vol. 11, Special Issue 8 (2022)

Author(s):
Mandeep Kaur, Shweta Chaudhary, Kiran Rana, Chandra Dev and Supriya

Abstract:
The research was carried out in a district-level milk co-operative union, Udham Singh Nagar Dugdh Utpadak Sahakari Sangh Limited, Khatima, registered under the brand name 'AANCHAL' (U.S. Nagar). The study relied on descriptive statistical methods, financial efficiency ratios, and Garrett ranking. Financial efficiency of the dairy co-operative plant helps to explore the possibilities of lowering the cost and improving the efficiency of the plant. Procurement costs were the most significant cost component of key milk products. The key milk products whose cost and returns were calculated were curd, ghee, butter, and paneer. The operating ratio, fixed ratio and gross ratio values were observed to be less than one and the capital turnover ratio were observed to be greater than one. The milk producers experienced severe difficulties in the acquisition of milk due to price fluctuations, late and poor compensation, high feed costs and seasonal variance.