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INCENTIVES AVAILABLE UNDER THE VARIOUS SCHEMES OF THIS DEPARTMENT

Insurance: Department is implementing Risk Management & Insurance component under National Livestock Mission

1. Insurance premium Rates

For one year For three years
@ 3% in normal areas @ 7.5% in normal areas
@ 3.5% in NER @ 9% in NER
@ of 3.5% in difficult areas @ of 10.5% in difficult areas

2. Pattern of Assistance

Subsidy on premium: Normal Areas
For APL farmers: For BPL/SC/ST farmers:
25% GoI share 40% GoI share
50% beneficiary share 30% beneficiary share
25% State Share 30% State Share
Subsidy on premium: Near Areas
For APL farmers: For BPL/SC/ST farmers:
35% GoI share 25% State Share
50% GoI share 30% State Share
40% beneficiary share 20% beneficiary share
Subsidy on premium: Difficult Areas
For APL farmers: For BPL/SC/ST farmers:
45% GoI share 25% State Share
60% GoI share, 30% State Share
30% beneficiary share 10% beneficiary share

DAIRY ENTREPRENEURSHIP DEVELOPMENT SCHEME

The Department of Animal Husbandry, Dairying and Fisheries is implementing Dairy Entrepreneurship Development Scheme with the objective of generation of self-employment opportunities in the dairy sector, covering activities such as enhancement of milk production, procurement, preservation, transportation, processing and marketing of milk by providing back ended capital subsidy for bankable projects through NABARD

Pattern of Assistance:

(i) Back ended capital subsidy @ 25% of the project cost for general category and @ 33.33 % for SC/ST farmers. The component-wise subsidy ceiling will be subject to indicative cost arrived at by NABARD from time to time.

(ii) Entrepreneur contribution (Margin) for loans beyond Rs.1 lakh* -10% of the project cost (Minimum).

(iii) Bank Loan - Balance portion [* Subject to any revision in RBI guidelines]