Get loans up to 3 Lakhs for breeding under the Pashu Kisan credit card
50,454 Kisan credit cards (KCC) have been distributed until December 17, 2021, as part of a national financial assistance program for breeders. The AHDF KCC national campaign started on November 15, 2021 and will run until February 15, 2022. According to the government, KCC camps are held weekly at the district level, where applications are reviewed on site.
Earlier, from June 1, 2020 to December 31, 2020, a special campaign was organized to provide low-interest loans to dairy farmers. Kisan credit cards were issued to 14.25 lakh new farmers under this program.
All qualified dairy farmers linked to dairy unions who have not received the incentive previously will be covered by the AHDF KCC campaign.
The government will focus on animal husbandry
Without livestock, the farmer’s income cannot be doubled. This is why the government is putting all its efforts in breeding. They now have access to KCC, which was previously only available to producers.
The livestock sector provides income for 8 million people
In addition to contributing to the national economy, the livestock sector provides a source of income for 8 million rural people. India is one of the largest producers of milk in the world.
This year 198.48 million tonnes of milk were sold for a total of Rs 8.32 lakh crore. However, compared to most other milk producing countries, the productivity of Indian dairy cows is low. Farmers do not receive remunerative income from raising milk animals due to low productivity.
State government initiatives
Animal husbandry is also a major concern for some state administrations. One of them is Haryana. The Pashu Kisan credit card program is administered by the government of this country. A loan of around Rs 800 crore has been offered to 60,000 farmers in the state under this program. In Haryana, nearly 5 lakhs of livestock producers had applied for PKCC to banks. About 1.25 lakh of people were allowed to receive cards. In the state, 36 Lakh dairy cattle have been reported, including 16 Lakh families.
How much money is provided to purchase Cow & Buffalo?
The Department of Animal Husbandry has issued orders to establish Pashu Kisan credit card camps in all districts of the state. Loans of up to Rs 3 lakh are available with only 4% interest for raising cows, buffaloes, sheep, goats and poultry under the program. There is a debt of Rs 40,783 for each cow and Rs 60,249 for each buffalo.
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