Scheme for Poultry Venture Capital Fund for Farmers,entrepreneurs, NGOs etc.


Ministry

Ministry Of Finance

Description

The scheme:

Encourages poultry farming activity especially in non-traditional states and provides employment opportunities in backward areas

Improves production of poultry products which have ready market all over a country

Improves productivity of unscientifically run units through technology upgradation

Provides quality meat to consumers in hygienic conditions, and improves the hygienic sale of poultry meat and products in urban areas and neighbourhood societies through poultry dressing and marketing outlets

Improves productivity and facilitates rearing of other poultry species like quails, ducks, turkeys, which have good potential.

Sponsored By

Central Government of India

Objective

To encourage poultry farming in non-traditional states, and to provide employment opportunities in backward areas

Eligibility

Farmers, individual entrepreneurs, NGOs, companies, cooperatives, groups of an unorganised and organised sector which include SHGs, Joint Liability Groups (JLGs), etc.

Beneficiaries

Benefits

1. Entrepreneurs contribution (margin) - for loans upto Rs.1 lakh, banks may not insist on margin as per RBI guidelines. For loans above Rs.1 lakh: 10% (minimum)

2. Back ended capital subsidy - 25% of outlay (33.33 % for SC/ST farmers and NE states including Sikkim)

3. Effective bank loan (excluding eligible subsidy as above) - balance portion, minimum 40% of outlay

How To Apply

A Udyami Helpline: Dial 1800-180-6763 [Toll Free Number] for queries relating to this Schemes.

Visit DAHD website

Status

Active

Sector

Finance



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