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 benefit of “NATIONAL LIVESTOCK MISSION SCHEME)”
Objectives:
To develop entrepreneurs in small ruminant sector, To develop the sustainable business model on sheep-goat, To incentivize Individuals Entrepreneurs, FPOs, FCOs, SHGs, JLGs, and Section 8 companies for development of integrated rural sheep-goat production system. Conversion of the small ruminant sector from unorganised sector to organised sector through promotion of entrepreneurship & investment and creation of forward & backward linkages. Spreading awareness about scientific rearing practices, nutrition, disease prevention etc. Promotion of stall feeding model of sheep and goat rearing.
Quantum of Assistance:
Sub-mission on Breed Development of Livestock and Poultry:
50% capital subsidy up to Rs.50 lakh in two instalments. Subsidy will be the capital subsidy and provided in two equal instalments.
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 benefit under the entrepreneurship programme if fulfils 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 sufficient experience in the relevant field of managing and running the project.
- The Entrepreneurs/ Eligible Entities have got the sanction loan for project by the bank or financial institutions furnished bank guarantee from scheduled bank along with appraisal of project for its validity by bank where it is holding the account.
- The Entrepreneurs/ Eligible Entities should have 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)
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