Farmers have always been doing animal husbandry, due to which they earn extra daily. Nowadays, the government is also promoting animal husbandry and the dairy business. On the one hand, the government is providing help to the cattle rearers through the National Livestock Mission, on the other hand, with the help of banks and NABARD, farmers are getting loans in this regard.
“Venture Capital Scheme for Dairy and Poultry” was started by NABARD, however now it is renamed as ‘Dairy Entrepreneurship Development Scheme’. Farmers, individual entrepreneurs, non-governmental organizations, dairy cooperatives, milk unions, etc. can take advantage of this scheme.
Take advantage of the scheme like this
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Select the suitable dairy business under the scheme for which you are eligible.
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Register your business as a company or NGO and then apply for a bank loan for a dairy business.
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The loan can be repaid in the form of an EMI and some instalments of these EMIs will be waived off by the bank.
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After this, the amount of rebate given on EMI will be adjusted from the subsidy of NABARD.
Source: Krishi Jagran
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