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Abstract
The economic analysis of crop production and dairy farming has been reported for marginal and
small farmers in Punjab for the year 2003-04. It has been found that a majority of the farm households
are not able to meet their requirements from their income from crops and dairy farming. Further dairy
farming has emerged as a major allied enterprise for supplementing the income of marginal and small
farmers in Punjab. Income from off-farm sources has been identified another important factor
contributing significantly to the disposable income of these farm households. The study has suggested
to further exploit the potential of off-farm sources towards meeting the domestic expenditure. Also,
the technical efficiency of crops and dairy farming should be improved to provide more income to
farmers.