Goat Farming Loan 2024: India is an agricultural country, in which most of the population lives in villages. The government brings many welfare schemes for farmers from time to time. Recently, the Rajasthan government has started the Goat Farming Scheme. Under this scheme, the government will provide a loan of up to Rs 50 lakh. How to apply for Goat Farming Loan? To get detailed information about this, read the article below till the end.
Goat Farming Scheme
Goat Farming Scheme is a major scheme of the Rajasthan government. Under this scheme, animal breeders are being provided loans up to Rs 50 lakh for goat rearing. This scheme is important for providing self-employment opportunities in rural areas. Through this, you can get loans for goat rearing from small to large scale. This scheme is prevalent in many states of the country. In some states, subsidy of up to 90% is also available on the loan provided for goat rearing.
Objective of Goat Farming Scheme
- To promote goat rearing.
- To provide employment opportunities in the state.
- To increase the income of livestock farmers.
- To reduce the unemployment rate in the state.
Goat Farming Scheme Subsidy
The state government provides subsidy on the loan given under the Goat Farming Scheme. This subsidy may vary from state to state. The Rajasthan government provides 50% subsidy, while the Haryana government provides 90% subsidy. Thus, if you get a loan through this scheme, you will have to deposit 50% or 10% of the total loan amount.
Goat Farming Loan Interest Rate
Under this scheme, the loan provided has an interest rate of 11.6%. This loan is called a collateral free loan, meaning you do not need to mortgage any property or valuables for this.
Goat Farming Scheme Documents
- Aadhar card
- PAN card
- Address proof
- land related documents
- income certificate
- Bank Account
How to apply for Goat Farming Scheme
- First go to your nearest veterinary center.
- From there, take the application form to apply for the goat rearing scheme.
- Fill the required information in that application form.
- Now attach one copy of all the required documents along with the application form.
- Then submit this application form along with the relevant documents to the veterinary centre.
- After this, your land and the place designated for goat rearing will be inspected by a veterinary officer.
- Then after a prescribed procedure the loan amount will be deposited into your bank account.
Through this simple process, you can get a loan of up to Rs 50 lakh under Rajasthan Goat Farming Scheme. This loan amount is provided for a fixed time period, and there is also a provision of 50 percent subsidy by the Rajasthan government and 90% subsidy by the Haryana government.
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