Goat farming is a vital component of Karnataka’s rural economy, offering a sustainable livelihood to many farmers. Recognizing its importance, the Karnataka government has introduced several subsidy schemes to promote goat farming, aiming to enhance income generation and rural development.
Pashu Bhagya Scheme
The Pashu Bhagya scheme is a flagship initiative by the Karnataka government to support livestock farming, including goat rearing. Under this scheme:
Subsidy Rates: Scheduled Caste (SC) and Scheduled Tribe (ST) farmers receive a back-ended subsidy of 50%, while other small and marginal farmers are eligible for a 25% subsidy. ([ahvs.kar.nic.in][1])
Loan Provision: Farmers can avail loans up to ₹1.20 lakh from commercial banks to establish goat farming units.([gadag.nic.in][2])
Amruta Swabhimani Kurigahi Yojane
This scheme focuses on empowering goat farmers through financial assistance:
Financial Support: Beneficiaries receive ₹1.75 lakh for establishing 20+1 goat units.([Mahiti Siri][3])
Subsidy and Loan Breakdown: The government provides a subsidy of ₹43,750. Beneficiaries contribute ₹43,750, and the remaining ₹87,500 is facilitated as a loan from Karnataka State Finance Corporation at an interest rate of 9.26%. ([shrivardhantech.in][4])
Sheep Rearing Schemes under RKVY
The Karnataka Sheep and Wool Development Corporation implements schemes under the Rashtriya Krishi Vikas Yojana (RKVY):
10+1 Scheme: Beneficiaries receive 10 female goats and 1 male goat with a 50% subsidy, and the remaining 50% is covered through bank loans or personal contribution.([dsa.karnataka.gov.in][5])
6+1 Scheme: Specifically for SC/ST beneficiaries, this scheme offers 6 female goats and 1 male goat with a 90% subsidy, requiring only a 10% beneficiary contribution. ([dsa.karnataka.gov.in][5])
Kisan Credit Card (KCC) Scheme
The KCC scheme provides financial support to farmers engaged in goat farming:
Loan Facility: Farmers can avail loans up to ₹1.60 lakh without any collateral.
Interest Subsidy: A 2% interest subsidy is provided on the loan, with an additional 3% rebate for timely repayment.
Eligibility Criteria for Subsidies
To ensure that subsidies reach the intended beneficiaries, certain eligibility criteria are established:
Residency: Applicants must be residents of Karnataka.
Land Ownership: Possession of suitable land for goat farming is required.
Experience: Prior experience or knowledge in goat rearing is preferred
Financial Background: Applicants should not have availed similar subsidies recently and must demonstrate the financial capability to invest in goat farming.
Required Documents for Application
Applicants need to submit the following documents:
Identification Proof: Aadhaar card or any government-issued ID.
Residence Proof: Utility bills or rental agreements.
Land Documents: Ownership or lease agreements.
Project Report: Detailed business plan outlining income, expenditure, and projected profits.
Bank Statements: Evidence of financial transactions related to goat farming.
Application Process*
To apply for these subsidy schemes:
1.Visit Local Veterinary Office: Obtain application forms and guidance.
2.Prepare Documents: Gather all necessary documents, including the project report.([FarmingX][8])
3.Submit Application: Submit the completed application along with required documents to the concerned authorities.
4.Await Approval: Applications are reviewed, and upon approval, subsidies and loans are disbursed.
Conclusion
Goat farming in Karnataka is bolstered by various government schemes aimed at providing financial assistance and promoting sustainable livelihoods. By understanding and utilizing these subsidies, farmers can enhance their income and contribute to the state’s rural development.