This book is written on the basis of research work conducted by Author for PhD Dissertation. I have collected primary data from the farmers living in rural areas of Pakistan and then I have seen the Socio-Economic impact of livestock on their livelihoods. This book will not only be useful for the researchers but the students and policy makers of different institutions who are working on the poverty alleviation strategies for developing countries. Lot of donor agencies has already started projects to alleviate poverty in developing countries but the results are still not encouraging,by adopting this model of my dissertation, they can improve the livelihoods of rural farming people on sustainable basis. When we see poverty ratio in urban vs rural areas, it is always on higher side in rural areas in almost all developing countries. In this book we have provided recommendations and suggestions to overcome this poverty issue in developing countries and gender can play a vital role in livestock activities to increase their family income.