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 achieve fodder resource development, we aim to: establish an effective seed production chain, build capacity of state functionaries and livestock owners in forage production, conservation and utilization, and create convergence and synergy among ongoing plan programmes and stakeholders.
Quantum of Assistance:
SUB-MISSION ON FEED AND FODDER DEVELOPMENT:
ENTREPRENEURIAL ACTIVITIES IN SEED PROCESSING AND GRADING INFRASTRUCTURE:
@50% of the total project cost with subsidy up to Rs.50 lakh will be provided to the beneficiaries through State Implementing Agencies in two equal instalments as per 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 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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