Establishment of 50 Milch Animals Dairy Unit

DETAILS The "Intensive Castration Scheme" introduced by the Agriculture, Farmers Welfare and Cooperation Department, Gujarat, aims to provide financial assistance to livestock owners for setting up dairy farms with 50 milch animals, offering subsidies on loan interest, shed construction, animal insurance, and essential equipment. BENEFITS Interest Subsidy: 7.5% interest subsidy for up to 5 years on bank loans for purchasing 50 dairy animals. Shed Construction: 50% subsidy on actual expenditure, up to ₹5,00,000/-. Animal Insurance: 75% subsidy for a three-year premium, up to ₹1,80,000/-. Equipment Assistance: 75% subsidy on an electric chaff cutter (up to ₹30,000/-). 75% subsidy on a fogger system (up to ₹22,500/-). 75% subsidy on a milking machine (up to ₹56,250/-). ELIGIBILITY The applicant must be a livestock Farmer. The applicant must purchase 50 dairy animals (cows/buffaloes). The applicant must establish a new dairy farm. The applicant must have ownership rights or inheritance rights or leasehold rights of the land. The applicant must take a loan from a Reserve Bank-recognized institution/bank. Note: If the beneficiary does not own land, the dairy farm can be established on leased land for a minimum of 7 (seven) years.