GOVERNMENT SUBSIDY SCHEME FOR SALVAGING AND REARING OF MALE BUFFALO CALF

Central Sector Scheme for Salvaging and Rearing of Male Buffaloe Calves

Nodal Agency: Department of Animal Husbandry, Dairying and Fisheries (DADF), Ministry of Agriculture GOl

Objectives:

•       The scheme aims at salvaging male buffalo calves and rearing them economically for meat production and recovery of hides to enlarge raw material base for leather industry and improve availability of by-products, thus leading to creation of employment opportunities in rural areas.

Eligibility:

•       Companies, partnership firms, corporations, NGOs, SHGs, JLGs, cooperatives, farmers and individual entrepreneurs.

•       Preference for SC/STs, women beneficiaries & for individual units. They should constitute at least 40% of total beneficiaries

Subsidy:

•       Individual units (Mode -1) farmers who own the calves: 100% interest subsidy.

•       Commercial units (Model-II) for those purchasing calves: 25% of the outlay (33-1/3 % in NE states including Sikkim and hilly areas) for rearing of 10-50 male buffaloe calves (with a ceiling of Rs. 21,750/- for a unit of 10 calves (Rs.29000/- for NE states including Sikkim and hilly areas). Maximum permissible capital subsidy is Rs. 1.09 lac (Rs. 1.45 lac for NE states including Sikkim and hilly areas) for a 50 calves unit. 

No interest subsidy is available under this component.

•       Industrial units (Model-III): 25% of the outlay (33-1/3% in NE states including Sikkim and hilly areas) subject to a ceiling of Rs.20.86 lac (Rs.27.81 lac for NE states including Sikkim and hilly areas).  

No interest subsidy is available under this component.

Subsidy is back ended.