National Livestock Mission: Promotion of Piggery Entrepreneur
Ministry: Ministry of Fisheries,Animal Husbandry and Dairying
Department: Department of Animal Husbandry & Dairying
The scheme aims to promote entrepreneurship in pig farming by providing a one-time capital subsidy of up to ₹30 lakh to eligible entrepreneurs and organizations to establish breeder farms.
About This Scheme
Benefits
1. Capital Subsidy:
₹30.0 L · one-time
A one-time capital subsidy of 50% of the total project cost, up to ₹30 lakh, will be provided for infrastructure, breeding animals, transportation, insurance, and equipment/machines.
Note 1: No subsidy will be provided for land purchase, rent, lease cost, working capital, or personal vehicles.
Note 2: The funding will be provided for the cost of housing, breeding animals along with transportation & insurance cost, equipment /machines.
2. Mode of Disbursement:
The subsidy will be provided in two equal instalments by SIDBI to the scheduled bank or financial institution.
The first installment (50% of the subsidy) will be released after the financial institution releases the first loan installment and confirms the same with the State Implementing Agency.
The second instalment (the remaining 50% of the subsidy) will be released after project completion, subject to verification by the State Implementing Agency.
3. Disbursement in Self-Financed Mode:
For self-financed projects, the first installment will be disbursed when the entrepreneur has spent 25% of the project cost on infrastructure and the expenditure has been verified by the State Implementing Agency.
The second installment will be provided after the project is completed and verified by the State Implementing Agency.
4. Bank Guarantee Requirement for Self-Financing Mode
The entrepreneur must provide a Bank Guarantee valid for three years for the remaining project cost beyond the subsidy amount.
The Bank Guarantee should be in favor of the Department of Animal Husbandry and Dairying, Ministry of Fisheries, Animal Husbandry and Dairying.
Eligibility
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Required Documents
- ✦Detailed project report (DPR)* including cost of project, means of finance, recurring cost, net income etc.
- ✦Land document (Ownership / Lease deed/ Rent Agreement etc.)
- ✦Photographs of project site
- ✦Documentary proof of applicant’s share in the project
- ✦List of farmers linked/attached with applicant comprising Name, Aadhar Number, Mobile No. and Address
- ✦PAN card*
- ✦GST registration certificate
- ✦Certificate of Incorporation (In case of company)
- ✦Partnership Deed (In case of partnership firm)
- ✦Address Proof* (Election Commission Photo ID card, Electricity Bill, Water Bill, Telephone Bill, Passbook, rent agreement etc.)
- ✦Last three years audited Annual financial statements, if applicable
- ✦Last three years income tax returns, if applicable
- ✦Bank statement for last six months
- ✦Canceled cheque along with bank mandate form*
- ✦PAN Card*
- ✦Aadhar Card*
- ✦Address Proof * (Election Commission Photo ID card, Electricity Bill, Water Bill, Telephone Bill, Passbook, rent agreement etc.)
- ✦Photograph*
- ✦Caste certificate, if applicable
- ✦Education certificates
- ✦Training certificates
- ✦Experience letter/ certificate about any livestock farming activities done earlier
✦ Required ◦ Optional
How to Apply
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Quick Info
- Level
- Central Government
- Max benefit
- ₹30.0 L