Backended subsidy of 33% to farmers belonging to Scheduled Caste and Scheduled Tribes and 25% to other small and marginal farmers will be provided to establish cattle, sheep, goat, pig, poultry units in availing maximum loan of Rs.1.20 lakh from commercial banks (The subsidy to SC/ST has been revised from 33% to 50% vide Pashu Bhagya Administrative Approval GO, dated 04-08-2015).
Short term loans upto Rs.50,000/- at 0% interest will be provided through Co-operative Banks, on the lines of crop loan, for providing cattle feed/other maintenance expenditure.
Subsidy will be provided to the members of Milk Producers’ Co-operative Societies for payment of insurance premiums upto 5 cattle.
The scheme of providing Rs.5,000/- ex-gratia under ‘Kurigahi Suraksha Scheme’ will be continued. A grant of Rs.5.00 crore will be provided for this program