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What is farm planning?

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A farm plan is a programme of total farm activity of a farmer drawn up in advance. A farm plan should show the enterprises to be taken up on the farm; the practices to be followed in their production ,use of labour, investments to be made and similar other details.

Farm planning enables the farmer to achieve his objectives (Profit maximization or cost minimization) in a more organized manner. It also helps in the analysis of existing resources and their allocation for achieving higher resource use efficiency, farm income and farm family welfare. Farm planning is an approach which introduces desirable changes in farm organization and operation and makes a farm viable unit.

raphael answered the question on August 12, 2021 at 05:54

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