Educational Guide

Economics of Beekeeping

The following is the cost and profit details of beekeeping Project. Initial Investment may be as low as 2, 25,000 Indian Rupees. The best season to start beekeeping is in August to September.

Assumed Units: 80 no’s of bee colonies.

Non-Recurring Expenditure

Sr. No Item Description Amount [Rs]
1 Cost of 10 no. of beehives per box 2000*80 =1,60,000 
2 Cost of 80 bee boxes 80 * 400 = 32,000
3 Cost of apiery equipment 5,000
4 Cost of honey units + uncapping tray 12,500
5 Bee wax sheet 1 kg 350

Returns  of Honey Production

Sr. No Item Description Amount [Rs]
1 Honey production 80 Rupees * 40 kg 3,200 Rs/Box
2 For 80 Boxes = 80 * 3,200 2,56,000
3 Skilled Labors cost 5000 * 12 60,000
4 Unskilled labors cost 3500 * 12 42,000
5 Migration charge 20,000
6 Feed charge annual 10,000
7 Total 1,32,000
8 New 25 box * 700/-each 17,500
9 Net profit 1,49,500

Total

Sr. No Item Description Amount [Rs]
1 Return expenses = Honey production – net profit 272000 – 149500 = 1,22,500
2 Bee’s increase (25*1800) 45,000
3 Net profit annual 60,000
4 Unskilled labors cost 3500 * 12 1,67,500

* Note: In subsequent years, there won’t be any Non-Recurring Expenditure, hence profits will go up.