Animal husbandry today remains one of the main means of employment for the people of rural areas. Farming farmers also earn good extra income by doing animal husbandry. Animal husbandry is also being promoted by the government. Today farmers are also getting subsidies for animal husbandry. In this episode, under which the beneficiary persons are not only given subsidies for rearing animals but also cheap loans are also made available.
In this series, under the MoU signed between the Madhya Pradesh Cooperative Dairy Federation and the State Bank of India, farmers can get loans for the purchase of milch cattle. The beneficiary farmer will have to deposit 10% amount as margin money for SBI Animal Husbandry under this MoU. Mudra loan up to Rs 10 lakh without collateral and non-currency loan up to Rs 1 lakh 60 thousand will be made available to the beneficiaries under a tripartite agreement without collateral.
Source: Kisan Samadhan
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