Uttar Pradesh ranks as the fourth most populous state in India and has introduced various schemes to support its residents. The Yogi Adityanath administration has rolled out initiatives aimed at enhancing employment opportunities within the state. One notable program allows individuals to secure loans of up to ₹18 lakh, accompanied by a 50% subsidy. This article outlines the purpose of the loan and the application process.
Residents of Uttar Pradesh who are interested in establishing a goat farming venture can benefit from financial assistance provided by the state government. The Yogi government not only facilitates loans for this initiative but also promotes animal husbandry through programs like the Nandini Krishak Samridhi Yojana and the National Animal Husbandry Mission.
If you choose to embark on a goat rearing business, you are eligible for a 50% subsidy on your loan application. It's important to note that starting a goat farm does not require as many goats as one might assume; the government will assess the loan amount based on your plans.
For those intending to raise between 100 and 500 goats, the government can provide loans ranging from ₹10 lakh to ₹50 lakh. To initiate a goat farming operation with 100 goats, a minimum investment of ₹18 lakh is necessary. With the 50% subsidy, the government will contribute ₹10 lakh towards your venture. Interested applicants should visit the Vikas Bhawan office of the Uttar Pradesh government to submit their applications. Ensure that all required documents are provided, as the loan application will not proceed until verification is complete.