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
The objective of this scheme is to Bringing unorganized rural poultry farming sector into organized sector, Promotion of entrepreneurship in the field of rural poultry in a sustainable manner, Establishment of forward and backward linkages and Popularizing the different alternative nonconventional low cost feeding.
Quantum of Assistance
Sub-mission on Breed Development of Livestock and Poultry : One Time 50% capital subsidy of the total project cost will be provided with maximum subsidy up to Rs.25 lakh for each unit.
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
- 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)
For, more information 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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