Start goat farming at a subsidy of Rs 4 lakh

Goat rearing is the most popular occupation among the people in rural areas. People get good profits from this business through milk and meat at low cost. At the same time, their rearing does not require much care. In such a situation, the central and state governments are also promoting goat farming through many schemes. In this episode, a grant of Rs 2 lakh 50 thousand is being given by NABARD for goat rearing. Apart from this, there are also some Indian banks, which are giving grants of up to Rs 4 lakh on goat rearing, so that farmers and livestock owners can be helped financially.

Under the scheme, farmers and livestock farmers taking loans for goat rearing have to pay the loan at the rate of 11.20% every year. This facility is being given only for the rearing of good breed goats, with the help of which a farm of 10 goats can be started.

Under NABARD, there is a provision to provide a subsidy of up to 33% to the farmers and livestock farmers of the BPL category along with Scheduled Castes and Scheduled Tribes. At the same time, a maximum of 25% subsidy is being given for the OBC category. This facility is being provided by NABARD-affiliated commercial banks, regional rural banks, state cooperative agriculture and rural development banks and urban banks, including state cooperative banks, etc. In such a situation, if you are also thinking of rearing goat, then soon take advantage of this beneficial scheme of the government.

Source: ABP

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