I want to start a commercial goat farm and have heard the government gives a subsidy through NLM. How do I actually get it and how much can I expect?
3 Answers
Under the National Livestock Mission the subsidy for a goat unit comes as a back-ended capital subsidy, which means you first arrange a bank loan and put in your own margin, the project runs, and then NABARD releases the subsidy amount which sits in your loan account and reduces what you have to repay. The subsidy is a percentage of the project cost and is commonly in the range of about 50 percent for an entrepreneurship goat unit under the current NLM Entrepreneurship Development component, but the exact share, the unit size it is calculated on, and the maximum ceiling change from time to time, so treat any figure as indicative and confirm the current rate and ceiling with your State Animal Husbandry Department or the implementing agency. The broad flow is: prepare a detailed project report (DPR) for your goat unit, apply on the NLM portal or through your State Animal Husbandry Department, get the project appraised, tie up a term loan with a bank, complete the unit, and then the subsidy is claimed by the bank from NABARD and adjusted. Higher slabs and relaxed conditions usually apply for SC and ST applicants, women and applicants from the North East and hill areas. The single biggest reason applications fail is a weak or unrealistic DPR and missing land or loan documents, so get the project report made properly. For animal selection and health, take a local vet's guidance.
Maine apne district ki Animal Husbandry office me jaake poocha tha. Unhone bola pehle bank loan sanction karao, subsidy baad me aati hai loan account me. DPR bina kaam nahi hota.
SC certificate hone se mera slab thoda zyada tha. Lekin process lamba hai, dhairya rakhna padega. Apne kagaz pehle se ready rakho.