Funds Management in Select Dairy Units of Andhra Pradesh

Dairy industry is an internal component of any modern economy. India is the largest producer of milk in the world. In the near future India will become the best producer of dairy products in the world. In the present paper "funds management of dairy industry in Andhra Pradesh" seven dairy units were selected for the study from different parts of Andhra Pradesh. The funds flow of seven select dairy units in Andhra Pradesh has been analyzed by preparing two statements for each dairy unit covering the period from 2004-05 to 2005-06, and the period from 2010-11 to 2011-12. Funds flow statements for the seven dairy units in Andhra Pradesh. ANOVA test has been conducted by The formulated hypothesis is that there is heterogeneity in the funds from operations between years and among seven dairy units located in different places in Andhra Pradesh. To test the consistency or fluctuations in funds flow from operations during the study period and for mutual comparison F-test is carried out. ANOVA results reveal that the calculated F values are greater than table value at 5 percent level. Hence, the formulated hypothesis is accepted that there is no similarity in the funds from operations between years and also among seven dairy units located in different places in Andhra Pradesh.