SSIEMAFST

The scheme “Scheme for Subsidy on Interest for Establishment of 1 to 20 Milch Animal Farm for Scheduled Tribe” was started by the Dept. of Agriculture, Farmers Welfare & Co-operation, Govt. of Gujarat.

The scheme “Scheme for Subsidy on Interest for Establishment of 1 to 20 Milch Animal Farm for Scheduled Tribe” was started by the Dept. of Agriculture, Farmers Welfare & Co-operation, Government of Gujarat. Under the scheme, the small and poor farmers of the Scheduled Tribe category of Gujarat State can purchase 1 to 20 animals as per their need and capacity to maintain. The eligible beneficiary can get an interest subsidy @ 12 % interest on a bank loan amount for 5 years if he/she has obtained a loan for setting up the unit in the current financial year 2023-24 through a nationalized bank or a financial institution approved by the Reserve Bank of India.

It also provides good-quality organic manure for improving crop fertility & crop yields. Dung is also used as fuel for domestic purposes. The surplus fodder agricultural by-products are utilized by animals & converted into value-added products viz. Milk, Meat, etc.

• The applicant should be a permanent resident of Gujarat State.
• The applicant should belong to the Scheduled Tribe category only.
• The benefit of this scheme will be available to the small and poor farmers of Gujarat State.
• The applicant will be eligible for assistance only if he/she has obtained a loan for setting up the unit in the current financial year 2023-24 through a nationalized bank or a financial institution approved by the Reserve Bank of India.

Note 01: The land should be owned by a member of the family or a beneficiary of the scheme.

Note 02: The grant made under this Act may not be used for any other purpose and shall be paid annually.

Note 03: The scheme shall provide for the establishment of a unit of livestock (cows and buffaloes) by obtaining a certificate from the Animal Husbandry Authority.

• The beneficiary can purchase 1 to 20 Milch animals (Any dairy animal cow & buffalo) at a subsidized rate as per their need and capacity to maintain.
• The applicant can get an interest subsidy @ 12 % interest on the bank loan amount for 5 years.

Note 01: The interest calculated by the bank or a maximum of 12% on the unit cost of the animal or the loan per unit advanced by the bank to purchase the animal, whichever is lower.

Note 02: The amount of interest subvention will be deposited in the beneficiary's loan account in the form of a Direct Benefit Transfer (DBT) in installments. There will be no cash assistance for any of the beneficiaries.