Livestock and poultry sector very important segment of Indian agriculture supporting not only the livelihood of more than seventy five percent population of the rural area especially marginal, small & landless farmers of India, but it is also the important source of income generation. Animals and poultry provide nutrient-rich food products viz. milk, wool, egg, meat etc) draft power, dungs & droppings as organic manure for improving the soil fertility and domestic fuel, hides & skin as well as their byproducts also as a regular source of income generation for rural households. The share of livestock in agricultural GDP is about 25 percent while the growth of livestock sector is very fast and it increases continuously in every year. The annual growth rate of livestock population in terms of livestock wealth is approximate six percent per annum, while the growth of poultry sector is about 10-12% per annum. Livestock keeping and poultry farming are the best insurance for the farmers against the various natural calamities like drought, famine, flood and other natural disaster or calamities. The scientific and economical interventions initiated by our livestock owner get maximum benefit in terms of valuable income as well as livestock and poultry products. The animal’s products like milk, wool, egg, meat etc and their various slaughter by products (ABPs), such as processed animal proteins, fats, whey, buttermilk, and egg shell, feather meal, bone meal etc represent a potentially valuable resource for feeding livestock and poultry as well as the additional source of income generation for sustaining the life. Proper and judicious utilization of animal products as well as its various slaughter by-product has direct impact on the national economy and hygienic & sanitary of country as well as for enhancement of farmer income, good health and improving socio economic condition of the farmers leads to livelihood security of farming community. Utilization of crop residues, non conventional feed resources adopting crop sequencing, crop rotation and integrated farming systems with availability of lush green pastures or fodders throughout the year leads to reduce the feeding cost of animal rearing and environmental safety. The Veterinarians plays a very key role to maintain global health, economics of nation with the help of livestock wealth and their valuable various animal products and its byproducts. In last one decades there has been tremendous work for creating awareness and increasing interest among the people for proper and judicious utilization of the various milk products with value addition and animal byproduct of the dairy, meat and skin industry along with dung & urine for preparation of valuable product such as Panchgavya, Jeevamrit and Gaumutra ark etc for betterment of