This scheme aims to boost pig farming entrepreneurship by providing a substantial capital subsidy of up to Read More... ₹30 lakh to eligible individuals and organizations for setting up dedicated pig breeder farms. Read less
Details
Looking to start or expand your pig farming business? The Indian government, through the National Livestock Mission (NLM), has a special initiative to help you set up a modern pig breeder farm. It's all about encouraging entrepreneurship and improving the quality of our pig population.
Known as the "Promotion of Piggery Entrepreneurship," this scheme is part of the National Livestock Mission's Sub-mission on Breed Development. Implemented by the Department of Animal Husbandry and Dairying, it offers a significant one-time capital subsidy to help you establish a breeder farm. This means you can get financial help to build infrastructure, buy essential animals, and acquire necessary equipment.
If you're an individual entrepreneur, part of a Self Help Group (SHG), Farmers Producer Organization (FPO), Farmers Cooperative (FCO), Joint Liability Group (JLG), or a Section 8 company, you can apply. The key is your interest in setting up a breeder farm and your ability to secure the remaining project funds.
This initiative plays a crucial role in several ways. It aims to foster entrepreneurship and investment in the piggery sector, leading to better productivity through genetic upgrades. It also seeks to reduce our reliance on imported pork products and potentially boost exports. Furthermore, the scheme promotes awareness about scientific rearing, nutrition, and disease prevention among farmers.
Objective
Benefits
Sources and references
To apply for the "Promotion of Piggery Entrepreneurship" scheme, you'll need to follow these general steps:
For the most accurate and up-to-date application procedure and to submit your application, please contact the State Implementing Agency of your State Animal Husbandry Department.
What is the National Livestock Mission's Piggery Entrepreneurship scheme about?
This scheme, under the National Livestock Mission, aims to boost pig farming by providing financial aid to set up breeder farms. It offers a capital subsidy to encourage entrepreneurship, improve pig breeds, and potentially reduce pork imports.
How much money can I get as a subsidy for my piggery project?
You can receive a one-time capital subsidy covering 50% of your total project cost, up to a maximum of ₹30 lakh. This subsidy is for infrastructure, breeding animals, transportation, insurance, and equipment.
What expenses are covered by the subsidy?
The subsidy is meant for setting up the farm's infrastructure, purchasing breeding animals, their transportation and insurance, and necessary equipment or machinery. Costs like land purchase, rent, working capital, or personal vehicles are not covered.
Can I get the subsidy if I'm not taking a bank loan?
Yes, you can opt for self-financing. However, your project needs to be appraised by a bank, and you must provide a bank guarantee for the remaining project cost (the part not covered by subsidy) valid for three years.
When will I receive the subsidy money?
The subsidy is disbursed in two equal instalments through SIDBI to the bank financing your project. The first instalment is released after your loan is disbursed and confirmed, and the second is released after project completion and verification.
What are the minimum requirements for a pig breeder farm under this scheme?
You need to establish a breeder farm that can accommodate at least 100 sows and 25 boars. These animals should be of good genetic quality, sourced from government farms, universities, or reputable local breeders.
What happens if the project is not completed as planned?
If the project isn't completed according to the scheme's guidelines, the second instalment of the subsidy will not be released. For self-financed projects, the provided bank guarantee might be invoked.
Who should I contact if I need more information or help with my application?
For specific application details and assistance, you should reach out to the State Implementing Agency, which is typically the State Animal Husbandry Department in your state.
How long will the government monitor my project after it's set up?
Your project will be monitored by the State Implementing Agency for a period of two years to ensure it is being run effectively and as per the scheme's objectives.
What kind of documents are needed for the applicant?
You'll need identification like a PAN card and Aadhar card, proof of address, GST registration (if applicable), bank statements, and possibly past financial statements and income tax returns, depending on your entity type.
Can a company apply for this scheme?
Yes, Section 8 companies are eligible to apply, along with individuals, SHGs, FPOs, FCOs, and JLGs.
What if I am self-financing and haven't taken a loan?
If you are self-financing, you must first spend at least 25% of the project cost on infrastructure, which will be verified. You will then receive the first subsidy instalment. A bank guarantee for the remaining project cost is also required.