Mega project gives TN livestock farmers a reason


Entrepreneurs in Tamil Nadu who aim to strike it big in livestock farming have something to cheer about. The central government has approved the salvaging and rearing of male buffalo calves' project, with a financial outlay of Rs 27.7 crores for the year 2010-11.

The scheme, to be implemented under the guidance of state animal husbandry department, aims at the economical rearing of male calves for the production of international quality meat meant for export. The project also aims to provide high quality hides to leather manufacturers.

The scheme will have three models. The mini calf rearing unit targets farmers who already have been rearing calves. The mini unit will have one to nine calves and such farmers will be given 100% interest-free loans. In the second model, aimed at commercial units, the government will provide 25% of the total investment as capital subsidy. The third model is meant for industrial units, having the capacity to rear 1,000 or more calves. The government has approximated an investment of ` 80.4 lakh per unit and will provide 25% of the investment as capital subsidy.......................Click for more

 

Source Web Page: Times Of India


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