Monday, July 2, 2012

GOVERNMENT SUBSIDY SCHEME ON PIG DEVELOPMENT

Central Sector Scheme on Pig Development


Pigs are reared by the poorest of the rural population and they provide meat, dung and few byproducts like bristles, etc. These animals have wide adaptability to suit different agro-climatic conditions. Piggery can play an important role in improving socio-economic status of this section, if existing constraints in their economic rearing are removed. Pig farming as a commercial venture is yet to be adopted in the country.  Those attracted by its potential face constraints like insufficient high quality stock, non-availability of balanced feed at economic prices and absence of organized markets.  There are hardly any licensed pig slaughterhouses and most of slaughter in rural / urban areas is done in clandestine manner.  The meat reaches consumers without passing through any organized market and if these constraints are removed, pig farming has the potential to yield significant economic and social gains



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



Objectives:

       To encourage commercial pig rearing by farmers/ labourers to improve production performances of native breed through cross breeding by using selected animals of high performing breeds and by providing incentives in terms of capital subsidy for ensuring the viability of the pig breeding, rearing and related activities.

Eligibility:
       Producer companies, partnership firms, corporations, NGOs, SHGs, JLGs, cooperatives and individual entrepreneurs.


Components
Subsidy
Pig breeding farms
25% of the outlay (33 1/3 %) in NE states including Sikkim and hilly areas)        subject to a ceiling of Rs. 1.50 lac (Rs. 2.00 lac in NE states including Sikkim and hilly areas)
Pig rearing & fattening units
25% of the outlay (33 1/3 %) in NE states including Sikkim and hilly areas) subject to a ceiling of Rs.19000/- (Rs. 25300/- for NE states including Sikkim and hilly areas)
Retail outlets
25% of the outlay (33 1/3 %) in NE states including Sikkim and hilly areas) subject to a ceiling of Rs. 2.50 lac (Rs. 3.33 lac in NE states including Sikkim and hilly areas)
Facilities for live markets
50% of the outlay subject to a ceiling of Rs. 2.50 lac.


Funding pattern 
•  Beneficiary contribution ( margin) -  10 % of the outlay (minimum). The cost of 
land not exceeding 10% of the project cost can form  part of the entrepreuner's 
contribution.  
•  Back ended capital subsidy     - as indicated at  Sl No: 5    
•  Effective Bank Loan              -   Balance portion


Time limit for completion of the project :
Time limit for completion of the project would be as envisaged under the project, subject to maximum of 12 months period from the date of disbursement of the first installment of loan which may be extended by a further period of 3 months, if reasons for delay are considered justified by the financial institution concerned.  

Detail Available on Nabard site

17 comments:

  1. I recently started a piggery and I wanna expand for which I need some fianiancal guidance... can the government help me ?

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  2. we are planing to start piggery breading farm in UP. Can we get loan to start piggery farm and how we get it? what terms & conditions have been followed?

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  5. we are planing to start piggery breading farm in UP. Can we get loan to start piggery farm and how we get it? what terms & conditions have been followed?

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  8. Iam in andhra pradesh state,
    Iam new start piggery farm subsidy loan available which banks plz send me sir. Thanks u.

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  9. Hai sir my name rahul.
    I interested new start piggery farm but amount problem so which banks best subsidy loans avaible in andhra pradesh state plz send me sir.thank u.

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