Agriculture is the backbone of rural Punjab.Around 70 percent people of the state are involved in agriculture and allied activities and more than 83 per cent of the total land in the state is under agriculture. In 2016-17, agriculture had 23.96 per cent share in State's GDP while livestock had 8.63 percent share (Statistical Abstract Punjab, 2017). In the recent past, the share of livestock GDP in agriculture increased steadily. Livestock economy including fisheries contributed 29.60 per cent of the agricultural GDP in 2000-01 while the share increased to 36.01 per cent in 2016-17. Livestock sub-sector has registered highest growth among all the sub-sectors of agriculture in India while Punjab is rated among the highest for the share of livestock output to agricultural output (Jha et al., 2009). Thus, livestock sector proved to be an important growth engine for the overall development of agricultural sector in the state.