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Poultry Venture Capital Fund Being Implemented

by 5m Editor
9 May 2012, at 8:32am

INDIA - The Department of Animal Husbandry, Dairying & Fisheries has reported that they have no proposal for providing soft loans to farmers engaged in poultry farming.

A Central Sector Scheme ‘Poultry Venture Capital Fund’ (subsidy) scheme is being implemented by the National Bank for Agriculture and Rural Development (NABARD) under which back-ended capital subsidy is provided at 33.33 per cent for Scheduled Castes and Scheduled Trives and North Eastern Regions and at 25 per cent for others.

The scheme has been extended for the financial year 2012-13 by the Government of India.

This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Lok Sabha on Friday, 4 May.