Animal husbandry is one of the rapidly growing profitable agri business in India where the chances of loss are comparatively very low. Hence, to promote animal husbandry and dairy industry, the government is running Dairy Entrepreneur Development Scheme from a very long time. Under this scheme, livestock farmers can avail a loan up to Rs 7 lakh from the Livestock Department for opening a dairy farm which includes 10 buffaloes.
33% Subsidy for Women & SC Category
Not only this, 25 percent subsidy is also given for general category dairy owner and 33 percent for women and SC class. Animal husbandry business is considered to be an occupation in which the chances of loss are extremely low. But due to the expensive business, it is not possible to invest in it.
In such a situation, the government has launched this scheme to provide relief to farmers and dairy entrepreneurs which is operated by NABARD. This scheme will help to provide employment to the people in the villages and increase milk production. The Government of India has started the scheme from 1st September 2010.