Get Up To 50 Lakhs Subsidy for Feed & Fodder Businesses with the National livestock Mission E-Book
Are you an entrepreneur or businessperson looking to venture into India’s rapidly growing livestock sector? Do you see the immense potential in meeting the rising demand for animal products and quality feed? Then the “National Livestock Mission (NLM)” e-book, a comprehensive guide from the Ministry of Fisheries, Animal Husbandry and Dairying, Government of India, is your essential resource.
This e-book is not just a publication; it’s a roadmap to understanding and leveraging the significant opportunities under the centrally sponsored National Livestock Mission. It specifically focuses on the Feed and Fodder Development component, a critical pillar for improving livestock productivity and profitability across India.
How This E-Book Benefits You:
1. Comprehensive Understanding of NLM: The e-book provides a detailed overview of the National Livestock Mission, outlining its key objectives, such as promoting sustainable growth of livestock farming, encouraging private participation, increasing livestock productivity, and developing the feed and fodder industry. It explains how NLM aims to transform the sector by modernizing infrastructure and improving practices.
2. In-depth Insights into Feed and Fodder Development: You’ll gain a deep understanding of this crucial sub-mission, which addresses the country’s shortage of quality feed and fodder. The book highlights how NLM provides incentives for investment in feed and fodder businesses to fulfill demand, especially for green fodder.
3. Identification of Business Opportunities: The e-book identifies several eligible businesses that receive support under the NLM scheme, including:
- Hay Units: For drying and storing green fodder to feed animals when fresh fodder is unavailable, retaining nutrients and being easy to store and transport.
- Silage Units: For fermenting and storing moist, nutrient-rich green fodder for 5-6 months, particularly useful during dry seasons.
- Total Mixed Ration (TMR) Units: For creating balanced feed mixtures that ensure animals receive all necessary nutrients, thereby improving milk and meat production.
- Fodder Block Units: For producing compact, easy-to-store, and transportable compressed fodder blocks from crop residues and other ingredients.
- Fodder Storage Facilities: For safeguarding hay, silage, and other feeds from spoilage, ensuring a year-round supply.
- Seed Processing and Grading Infrastructure: For cleaning, preparing, and sorting high-quality fodder seeds, crucial for better crop establishment. The book details the processes for setting up each type of unit, from raw material assessment to final storage.
4. Guidance on Eligibility and Benefits:
◦ Who can benefit? The scheme is open to a wide range of individuals and organizations, including Private Entrepreneurs (Proprietorships, Partnerships, Companies), Farmer Producer Companies (FPOs), Self Help Groups (SHGs), Joint Liability Groups (JLGs), Section 8 Companies, and Dairy Cooperatives Societies.
- Quantum of Subsidy: You can avail a capital subsidy of up to 50% of the eligible total project cost, with a maximum limit of ₹50 Lakhs. This subsidy is provided in two equal installments.
- Interest Subsidy: Eligible projects can also benefit from an interest subsidy under the Animal Husbandry Infrastructure Development Fund (AHIDF) at 3% per annum for 8 years, and can avail a guarantee-free term loan of up to ₹5 Crores under the CGTMSE scheme.
5. Funding and Loan Processes: The e-book clearly explains the funding structure, which includes Promoter’s Contribution (minimum 10% of total project cost), Capital Subsidy, and a Term Loan from banks/financial institutions. It details the conditions for releasing subsidy installments, ensuring entrepreneurs understand the disbursement process and can coordinate effectively with banks.
6. Addressing Challenges and Regional Opportunities: The book outlines common challenges in feed and fodder production, such as land availability, feed preservation, nutritional value, and seed availability, explaining how NLM encourages investment to overcome these hurdles. Furthermore, it provides a detailed region-wise analysis of green fodder availability and deficiency in India, helping you assess the feasibility and identify high-potential areas for setting up fodder processing or supply businesses.
7. Key Project Requirements: Learn about essential aspects like land requirements (own or lease, with clear title documents) and the need for Change of Land Use (CLU) or No Objection Certificates (NOC). It also highlights that land cost is not eligible for subsidy but can be used as primary security for loans.
8. Project Timelines and Compliance: The e-book sets clear expectations, stating that projects must be completed within one year of receiving the first subsidy installment and remain operational for at least three consecutive years to avoid subsidy recovery. It also provides detailed lists of eligible and ineligible components for subsidy support, crucial for proper project planning.
This e-book is an invaluable tool for anyone serious about investing in India’s livestock and agribusiness sector. It empowers you with the knowledge needed to make informed decisions, navigate the scheme’s guidelines, and tap into the vast opportunities offered by the National Livestock Mission.
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