Goat Farming Scheme: Know how to get a loan of up to Rs 1 crore for goat rearing

Goat Farming Scheme: The government of Uttar Pradesh has started a highly ambitious program to help the state’s youth find self-employment and become financially independent livestock producers. This program was put into place as part of the “National Livestock Mission,” which offers particular financial support to encourage the goat-raising industry. The primary goal of this program is to use animal husbandry to generate new jobs in rural and semi-urban regions.

What is the scheme’s advantage?

Eligible applicants may get a concessional loan of up to Rs 1 crore under this plan. Additionally, up to 50% of the goat-raising unit’s total cost may be subsidized. Those who want to set up a unit of 100 to 500 goats will get this specific help. The government hopes to link livestock farmers with contemporary animal husbandry methods via this program in addition to providing them with economic empowerment.

Details of the loan and subsidy:

• Amount of loan: between ₹20 lakh and ₹1 crore
• Government assistance: up to 50% of the total cost
• Beneficiaries’ top priorities include small and marginal farmers, Scheduled Caste/Tribe members, and female entrepreneurs.

Important application requirements:

The following requirements must be met by interested parties in order to get the advantages of this scheme:

• Being a permanent resident of Uttar Pradesh is required.
• Goat-raising experience is a must for the position.
• To establish the farm, sufficient land, water, and other essential resources must be arranged.
• A detailed project report, or DPR, must be prepared for the plan.
• A training certificate from the Animal Husbandry Department must be submitted.

Applications from both individuals and groups are welcome:

Applications under this program may be submitted by cooperative institutions, self-help groups (SHGs), or even individuals. Its goal is to make sure that an increasing number of members of the public may sign up for this program and benefit from it.

What makes this scheme unique?

• This program is a tangible step toward empowering the rural economy and creating jobs.
• This program not only fosters self-employment but also diversifies sources of revenue derived from agriculture.
• One enterprise that has a greater potential for return than investment is goat farming, which is particularly appropriate for young people and women.

Note: To participate in this program, get in touch with the District Agriculture Office or Animal Husbandry Department that is closest to you. Keep any scheme-related paperwork and training available ahead of time as well to avoid any obstacles during the application process.