Cost-Benefit Analysis of Kodo Millet Flour and Whey Protein Concentrate Based Low Fat Fiber Enriched Chicken Nuggets

Published by: Admin

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Authors: Hussandeep Singh, Nitin Mehta, Varinder Pal Singh, Rajesh V Wagh and Rajnish Sharma

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Abstract

The standardization of formulation and economic analysis of the development of Kodo Millet flour and whey protein concentrate based low fat fiber enriched chicken nuggets was worked out to propose a profitable processing model for chicken nuggets to tap the potential of increasing demand for functional animal based foods and local and national markets. The net initial investment for starting a business of chicken nuggets of 50 kg capacity per day was worked out to be about Rs 10 lakh. Daily net returns were recorded at Rs 2,997.19 for the treatment product and Rs 2,021.59 for the control. The benefit-cost ratio was 1.14 for treatment and 1.10 for control. The break-even output was 11.81 kg for treatment and 12.18 kg for control, well below actual production, offering safety margins of 74.88 per cent and 73.09 per cent, respectively. The payback period was 1.11 years for treatment and 1.65 years for control, with returns on investment of 90 per cent and 61 per cent, respectively. This venture can generate consistent income and jobs, especially for small-scale farmers, and supports agricultural diversification in Punjab, addressing economic challenges in the sector.

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