NABARD POULTRY LOAN Subsidy-Poultry Venture Capital Fund (PVCF)-2018
The
NABARD and the Department of Animal Husbandry, Dairing &
Fisheries, Government of India, started the National Livestock
Mission.
National Livestock Mission started on 2014-2015. This mission was designed for
the empowerment and the growth of Livestock in India. The mission is
implemented in all the states of india.
The NLM
(National Livestock Mission) has four submissions:
1.
The
Sub-Mission on Fodder and Feed Development
2.
Under
Sub-Mission on Livestock Development
3.
Sub-Mission
on Pig Development in North-Eastern Region
4.
Sub-Mission
on Skill Development, Technology Transfer and Extension
This
scheme provides loan in various ways.
Here we
are going to see the loan offered by the mission regarding the
Poultry Farming.
The fund is provided by the Department of Animal Husbandry, Dairing
& Fisheries, Government of India. NABARD is the implementing agency, it provides the subsidy under the Entrepreneurship
Development & Employment Generation (EDEG) component of National
Livestock Mission.
Mission:
Improve productivity in India.
Encourage poultry Farmers to develop infrastructure.
Growth of Economy.
Support the Livestock and Farmers.
Make Farmers Independent
Read Our Article:
Poultry Farming in India: How to start poultry farming in India?
Who can benefit from this scheme
Anyone who is interested in poultry farming can apply for this scheme. It is not just for the individual, even co-operative, units can also apply.
NGO, entrepreneurs are also encouraged to apply for it.
Read Our Article:
10 Mistakes which All Poultry Farmers Make.
Eligible financial institutions:
-
Commercial Banks
-
Regional Rural Banks
-
State Cooperative Banks
-
State Cooperative Agriculture and Rural Development Banks
-
Other institutions eligible for refinance from NABARD
Repayment Period/ Grace Period:
EDEG Component
|
Repayment Period
|
Grace Period
|
Poultry Venture Capital Fund (PVCF)
|
5 to 9 years
|
6 months to 1 year
|
Intergrade Development of small Ruminants and
Rabbits(IDSRR)
|
Maximum 9 years
|
2 years
|
Pig Development (PD)
|
5 to 6 years
|
1 year
|
Salvaging of Make Buffalo Calves(SMBC)
|
4 to 6 years
|
1 year
|
NABARD Poultry Subsidy 2018:
Read Our Article:
Poultry Farm Project for 1000 Birds
How to apply for NABARD Poultry Loan:
All
those who are interested in this scheme are requested to follow the
following guidelines:
1.
Apply at nearest approved financial institution like Bank.
2. Read
the scheme and its documents before applying.
3.
Understand the scheme from your Bank Manager.
Following
are the link given below for the complete and detailed information
about the scheme:
Please
read the following scheme related document.
