Broiler Plus Scheme: Start poultry farming business, you will get help from the government under this scheme

Broiler Plus Scheme: India has a long history of poultry raising, which has grown into a significant industry today. Since its commercial recognition in the 19th century, it has improved as a source of revenue for young people and farmers. The minimal costs and huge earnings of this company are making it more and more popular. To encourage poultry production, the federal and state governments provide resources, including loans, subsidies, and training. Poultry farming may be an excellent choice for you if you’re considering launching your own company.

Prerequisites for Beginning a Poultry farm

• Land: Poultry farming requires a sufficient amount of land. This location should have clean water, clean air, sunshine, and a car park, and it should be close to the village or city.
• Infrastructure: Chicks need sheds and other setups.

Loans and subsidies for raising chickens

• The government provides poultry farmers with up to a 25% subsidy
• The Scheduled Caste/Tribe (SC/ST) group is eligible for up to 35% of this subsidy.
• NABARD is another source of the subsidy.
• A government bank will provide money to anybody who wants to raise chickens.

How can I get a loan?

• You may get a loan for your poultry farming company from the bank branch that is closest to you.
• The ‘Broiler Plus Scheme’ allows the bank to lend up to Rs 3 lakh to poultry farms.
• 5,000 birds on a poultry farm are eligible for this financing.
• Under this arrangement, a maximum loan of Rs 9 lakh may be obtained.
• Although the loan payback duration is five years, an extension of six months may be granted if necessary.

Which papers are needed?

• Proof of identity might be a passport, PAN card, driver’s license, or voter ID.
• Proof of address might be a lease agreement, ration card, phone bill, energy bill, or water bill.
• Two photos the size of a passport.
• Report on the Poultry Project
• Bank account statement photocopy.

With the aid of government loans and subsidies, poultry farming operations may be launched at a cheap cost and grown significantly.