In India, dairy farming is a major source of large unorganized and livelihood. “Venture Capital Scheme for Dairy and Poultry” was started in 2005 to provide the dairy farming industry and to provide assistance to the dairy farms, animal husbandry, dairy, and fisheries department. The plan is free of interest. The National Bank for Agriculture and Rural Development (NABARD).
Via Objectives
- To provide self-employment and to provide basic facilities for dairy sector
- Good source of organic matter to improve soil fertility and crop yield
- To bring structural changes in the unorganized sector
- Gobar gas from cow dung, used as fuel for household purposes, for running the engine, well for water.
- Promotion of establishment of a dairy farm for the production of milk.
Eligibility
- Farmers are singular business people and a gathering of the chaotic and composed part.
- An applicant will be eligible to avail of assistance only once for all the components under this scheme.
- The separation between the limits of such two homesteads ought to be no less than 5oo meters.
Plans
Indigenous details like hybrid cows / Sahiwal, Lal Sindhi, Gir, Rathi etc. established with the addition of small dairy units for 10 cows / graded buffaloes.
Investment: 5.00 lakhs for 10 creature units – Minimum unit measure is 2 and with most extreme point of confinement of 10 creatures.
Subsidy: The issue of Capital Subsidy ended in the form of limit of 1.25 lakh rupees for a unit of 25% to 10 animals (33.33% for SC / ST farmers), 1.67 lakhs for Scheduled Castes Rs / Scheduled Tribes, farmers) The maximum permissible capital subsidy is 25000 rupees for 2 animal unit (33,300 for Scheduled Castes / Scheduled Tribe farmers). The appropriation unit will be limited on a master rata premise contingent upon the span of the unit.
Following of calf calves – Details of a cross breed, indigenous cattle and classified buffaloes and milch breeds for up to 20 calves.
Investing: 4.80 lakh for 20 calf units – 5 with least unit size of calves and greatest point of confinement of 20 calves.
Subsidy: 25% of outlay (33.33% for Scheduled Castes / Scheduled Tribes farmers) for a unit of 20 calves (Rs 1.60 lakhs for scheduled castes / scheduled tribes) ended in the form of the limit of 1.20 lakh rupees Subject to the capital subsidy. The maximum permissible capital subsidy is 30,000 rupees for 5 cattle units (Rs 40,000 / Scheduled Tribe farmers for Scheduled Castes). The endowment unit will be confined on an expert rata premise contingent upon the extent of the unit.
Vermicompost (chisel and mattress to be considered separately with milky cattle).
Investment: Rs. 20,000/-
Subsidy: Capital subsidy subject ending in the form of the limit of 25% or 5,000 rupees ( an outlay of Rs. 6700 / – for Scheduled Castes / Scheduled Tribes) for the outlay (33.33% for Scheduled Castes / Scheduled Tribes farmers).
Buying draining machines/drain analyzers/mass drain cooling units (2000 lit. capacity)
Investment: Rs 18 lakhs/-
Subsidy: Under the capital subsidy refunded as the limit of 25% 4.50 lakh rupees (Rs.6.00 lakhs for Scheduled Castes / Scheduled Tribes farmers) of outlay (33.33% for Scheduled Castes / Scheduled Tribes farmers).
Buying of dairy preparing hardware to deliver indigenous drain items.
Investment: 12 lakhs/-
Subsidy: 25% of the outlay (33.33% for Scheduled Caste / Scheduled Tribes farmers) subject to a capital subsidy of Rs 3.00 lakhs (Rs 4.00 lakhs for Scheduled Caste / Scheduled Tribes farmers).
Dairy product transportation facilities and cold chain installation.
Investment: Rs 24 lakhs/-
Subsidy: Under the capital subsidy refunded in the form of a limit of 25% to 6.00 lakhs (Rs. 8.00 lakhs for scheduled castes / scheduled tribes) of the outlay (33.33% for scheduled caste / scheduled tribes farmers).
Cold storage facility for milk and milk products.
Investment: Rs 30 lakhs/-
Subsidy: 25% of the outlay (33.33% for Scheduled Castes / Scheduled Tribes farmers) subject to a capital subsidy of Rs 7.50 lakh (Rs 10.00 lakhs for Scheduled Caste / Scheduled Tribes farmers).
Establishment of Private Veterinary Clinic
Investment: Rs 2.40 lakh for the mobile clinic and Rs 1.80 lakh for the stable clinic.
Subsidy: – 25% of the outlay (33.33% for Scheduled Castes / Scheduled Tribes farmers). The capital subsidy of Rs. 45,000 / – and Rs. 60,000 / – (Rs. 80,000 / – and Rs. 60,000 / -) Scheduled Caste / Scheduled Tribes For the farmers) respectively for mobile and stationary clinics.
Dairy Marketing Outlet / Dairy Parlor
Investment: Rs 56,000 / –
Subsidy: Capital subsidy subject ending as the limit of 25% or 14,000 rupees (outlay for SC / ST farmers 33.33%) – (Rs 18600 / – for Scheduled Castes / Scheduled Tribes).
Solution to the Subsidy Scheme
- Decide on your business activity from the above list.
- Register company
- A business plan for dairy farm including request for a bank loan.
- Submit your bank loan request for any nationalized or commercial bank or regional rural bank who is eligible for refinance from NABARD.
- After getting bank loan sanctioned, you can set up your dairy farm project