“CENTRAL GOVERNMENT SCHEME ON ‘NATIONAL LIVESTOCK MISSION”
Dear Businessman/Investors,
In Series of KIP: Business and Subsidy Update, today we are going to share with you the benefit of the “NATIONAL LIVESTOCK MISSION SCHEME”
Objectives:
Promotion of entrepreneurship & investment and creation of forward & backward linkages in the sector improvement of per animal productivity of pig population of the country through genetic gradation To substitute import dependency on pork and start export of pork and pork products Spreading awareness about scientific rearing practices, nutrition, disease prevention, etc.
Quantum of Assistance:
Submission on Breed Development of Livestock and Poultry:
Promotion of Piggery Entrepreneur
One-time 50% capital subsidy of the total project cost will be provided with a maximum subsidy of Rs.30 lakh for each unit subject to the scheme guidelines.
Eligible Entities:
In Scheme of NLM assistance can be avail by an entity/organization such as Joint Ventures/ Cooperates / Self Help Groups SHGs / Farmer Producer Organizations (FPOs) / Private Sector Companies / Partnership Firms / Proprietorship Firms etc.
Eligibility:
The Entrepreneurs/ Eligible Entities shall be considered Eligible for availing benefits under the entrepreneurship program if fulfill either of the following criteria:
- Entrepreneurs/ Eligible Entities either have obtained training or have trained experts or have sufficient experience in the relevant field in managing and running the project or have technical experts with enough experience in the relevant field of managing and running the project.
- The Entrepreneurs/ Eligible Entities have received the sanctioned loan for the project by the bank or financial institutions furnished bank guarantee from the scheduled bank along with an appraisal of the project for its validity by the bank where it is holding the account.
- The Entrepreneurs/ Eligible Entities should own land or lease land where the project will be established.
- The Entrepreneurs/ Eligible Entities have all the relevant documents for KYC.
Applicability:
NLM policy will be valid for a period of 5 years from the date of notification or till the time any new policy/amendment is introduced by Government of India, whichever is later (2021-22 to 2025-26)
For, more information on this you are requested to contact our KIP subsidy helpline on Mail – sales@kipfinancial.com and contact Number- +918683898080
KIP Financial Consultancy Pvt. Ltd.
DSB – 38, Red Square Market, Hisar – 125001 (HR)
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