Live
- Crisis grips Davanagere farmers despite bumper crop
- NSU probes drug use incident
- Yathindra Siddaramaiah’s statement on judiciary sparks petition for contempt of court
- Initiate steps for implementation of GER: Minister Anam
- Mammootty and Mohanlal to Team Up for Their 50th Film Together
- CAG points out increasing debts during 2022-23
- Youth Commits Suicide in Srikalahasti
- MeT department advises TN fishermen to avoid deep sea fishing
- Scientists decode brain activity that can help treat anxiety and depression
- Madarihat loss sees BJP’s tally in Bengal Assembly down to 66
Just In
The State government plans to benefit 1 lakh sheep farmers, with Central government loans of NCDC (National Cooperative Development Corporation) in next financial year (2017-18). It is preparing a proposal of Rs 1,400 crore, as part of budgetary plans.
Beneficiaries will be able to avail unit cost of 1.4 lakh each
Hyderabad: The State government plans to benefit 1 lakh sheep farmers, with Central government loans of NCDC (National Cooperative Development Corporation) in next financial year (2017-18). It is preparing a proposal of Rs 1,400 crore, as part of budgetary plans.
According to higher officials of Animal Husbandry, each of the 1 lakh beneficiaries would be able to avail unit cost of Rs 1.4 lakh, whose constituents will be 60 per cent loan, 20 per cent subsidy and 20 per cent beneficiary contribution.
For easing the beneficiary contribution, assistance in the form of Pavala Vaddi (nominal rate of interest) will be provided to each of the farmer.
“For availing the benefits, the sheep farmer should be a member of Society (Sheep and Goat Cooperative Unions),” informed Principal Secretary of the Department of Animal Husbandry Suresh Chanda.
In the present scheme each unit will receive 21 sheep (20 female and 1 male), unlike the earlier scheme, where there was a scope for different kinds of components.
While the prerequisite for recognition as a sheep farmer remains at 5 sheeps, even this ideal criteria is also being reviewed and could possibly relaxed.
The State government will be bearing Rs 280 crore in the form of subsidy, while the Pavala Vaddi will also be of same amount of Rs 280 crore.
For achieving better results, the government is preferring sheep of good breed from neighbouring States of Karnataka, Maharashtra and also AP. Currently, the societies have 2.5 lakh members and, if the scheme materialises the number may go up by 3.5 lakh.
“If NCDC loan is allocated, it will be forwarded to State Federation which will in turn disburse to District Federation, from where individual beneficiaries can claim,” added the official.
It may be mentioned here that NCDC, as part of Central government’s scheme allocated Rs 398 crore for 33,000 beneficiaries over a period of 3 years starting from 2016-17. However, the new scheme will be implemented by the State government.
During a recently held review meeting, the Chief Minister K Chandrashekar Rao instructed the officials concerned to formulate a comprehensive plan on a warfooting for development of fisheries and sheep farming.
© 2024 Hyderabad Media House Limited/The Hans India. All rights reserved. Powered by hocalwire.com