What you get
- Interest Subsidy: | - General Category: 7.5% for up to 5 years after availing of a bank loan. 1. SC/ST/Female Beneficiaries: 8.5% for up to 5 years. 1. Gir/Kankrej Breed Units: Up to 12% maximum subsidy. | - Shed Construction Assistance: | - General Category: 50% of actual expenditure, up to ₹1,50,000/-. | - Gir/Kankrej Breed: 75% of actual expenditure, up to ₹2,25,000/-. | - Animal Insurance Premium (for 3 years): | - General Category: 75% subsidy, up to ₹43,200/-. | - Gir/Kankrej Breed: 90% subsidy, up to ₹51,840/-. | - Equipment Subsidy: | - Electric Chaff Cutter: 75% subsidy, up to ₹18,000/- (General) ; 90% subsidy, up to ₹21,600/- (Gir/Kankrej). | - Fogger System: 75% subsidy, up to ₹9,000/- (General) | 90% subsidy, up to ₹10,800/- (Gir/Kankrej). | - Milking Machine: 75% subsidy, up to ₹33,750/- (General) | 90% subsidy, up to ₹40,500/- (Gir/Kankrej). | Note: | - Interest subsidy will be available on the amount determined above for the unit cost fixed by NABARD or through the bank for the establishment of units for dairy cattle of up to 12 animals, whichever is less.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the objective of the Establishment of 12 Milch Animal Farm" scheme?
The "Establishment 12 Milch Animal Farm" scheme aims to promote animal husbandry as an independent business, encourage livestock owners to adopt dairy farming, and enhance rural employment opportunities.
Who is eligible to apply for this scheme?
Any livestock owner planning to establish a dairy farm with up to 12 milch animals is eligible to apply for the scheme.
What type of financial assistance is provided under this scheme?
The scheme provides interest subsidies, assistance for shed construction, subsidies for animal insurance premiums, and financial support for purchasing essential dairy equipment.
How much interest subsidy is available under this scheme?
Beneficiaries in the general category receive a 7.5% interest subsidy for up to 5 years, while SC/ST/Female beneficiaries receive an 8.5% subsidy. For Gir/Kankrej breed units, the maximum interest subsidy is 12%.
What is the maximum financial assistance for shed construction?
General category beneficiaries can receive up to ₹1,50,000/- (50% of actual expenditure), while Gir/Kankrej breed beneficiaries can receive up to ₹2,25,000/- (75% of actual expenditure).
Does the scheme provide financial assistance for animal insurance?
Yes, the scheme covers 75% of the insurance premium (up to ₹43,200/-) for the general category and 90% of the premium (up to ₹51,840/-) for Gir/Kankrej breed units for a period of three years.
How can an applicant apply for this scheme?
The applicant must first obtain loan approval from a Reserve Bank-recognized bank. After that, they can apply online through the I-Khedut portal, attach the required documents, and submit the application.
What types of dairy animals can be purchased under this scheme?
The scheme supports the purchase of cows and buffaloes for dairy farming.
Does the scheme provide any assistance for farm renovation?
No, the scheme does not provide assistance for renovation or repair of existing dairy farms.
Is it mandatory to take a loan to receive benefits under this scheme?
Yes, obtaining a loan from a recognized financial institution is mandatory for purchasing livestock and availing of scheme benefits.