INTERNATIONALJOURNALOF MULTIDISCIPLINARYEDUCATIONALRESEARCH ISSN:2277-7881; IMPACT FACTOR :6.514(2020); IC VALUE:5.16; ISI VALUE:2.286 Peer Reviewed and Refereed Journal: VOLUME:10, ISSUE:2(1), February:2021 Online Copy Available: www.ijmer.in 179 ANIMAL BIOTECHNOLOGY APPLICATIONS AND IMPLICATIONS – PROBLEMS AND PROSPECTS Dr. Ganesh Konda Assistant Professor of Zoology, Kakatiya Government College, Hanamkonda, Telangana State, India Abstract Advanced countries are finding it increasingly expensive to access and use new technologies. There is limited private- and public-sector investment in animal health and production, particularly in relation to modern biotechnologies that are ‘resource hungry’. Although several discoveries have been made in laboratories in the developing world, in most cases these have not been converted into useful technologies or products. The key potential users – resource-poor often illiterate farmers with a limited knowledge base – do not feel that applying these technologies is worth the effort, cost and risk involved. This is mainly because there is no agency or industry that can scale up and package the technology. Also, in the developed world, there is an economic incentive to market biotechnological services and products; this is lacking in the developing world because of the limited purchasing power of resource-poor stakeholders. Research in Animal biotechnology in recent years has also been motivated by economic considerations, and little research is conducted in the developing world because of the probable lack of returns on the investment. For understandable reasons, policy-makers and funding bodies must not lose sight of the substantial benefits that can be gained in the longer term by investing in strategic research into vaccine development. In this concern this research paper to be discussed about the “Animal Biotechnology Applications and Implications – Problems and Prospects”. Key Words: Biotechnology, Livestock production, Global Advantage, Economic factors, Pesticides, Economic Development. Statement of the Problem “I am very interested in the impact of biotechnology on the way people line” Prop. Lois Mc Master Bujold Livestock is becoming increasingly important in the growth of agriculture in developing economies. The contributions made by livestock to both agriculture and gross domestic product (GDP) have risen, at a time when the contribution of agriculture to GDP has fallen. The demand for livestock products is a function of income, and sustained growth in per capita income, rising urban populations and changes in diet and lifestyle are fuelling growth in livestock production. Livestock production contributes to socioeconomic development in many ways, by augmenting income and employment and reducing the incidence of rural poverty. Though the role of livestock in ensuring nutritional security is recognized in mixed crop-livestock systems, the importance of livestock goes beyond direct food production. Livestock supply draught power and organic manure to the crop sector, and hides, skins, bones, blood and fibre are used in many industries. Thus, livestock are an important source of income and employment, helping to alleviate poverty and smooth the income distribution among small landholders and the landless, who constitute the bulk of the rural population and the majority of livestock owners. In addition, livestock can easily be converted into cash and thus act as a cushion against crop failure, particularly in less favoured environments. By enabling crop residues and by-products to be used as fodder, livestock production contributes positively to the environment. Animal owners in the developing world are predominantly resource-poor small-scale operators with little or no land and few animals, who must operate within the constraints of the local climate and who have limited purchasing power and little access to resources or opportunity to determine resource allocation for animal production. The situation of the poorest livestock owners is fast deteriorating owing to the fragmentation of limited holdings, exhaustion of land resources and increasing human and animal population pressure. Low livestock productivity in many developing countries is considered to reflect, among other things, the inadequate supply of animal husbandry and veterinary services.