India: Government approves inclusion of additional activities in National Livestock Mission

Horse Meat

Published Feb 22, 2024

Tridge summary

The Indian Union Cabinet, under Prime Minister Narendra Modi, has approved changes to the National Livestock Mission. The modifications include the creation of entrepreneurship for horse, donkey, mule, and camel with a 50% capital subsidy up to 50 lakhs for individuals and organizations. The government will also support breed conservation and allocate 10 cr. for the creation of a semen station and nucleus breeding farm. Additionally, the Livestock Insurance programme has been simplified, reducing the farmers' share of the premium to 15% and expanding the number of animals that can be insured.

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Original content

(MENAFN- Live Mint) "The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved further modification of National Livestock Mission by including the additional activities as under:Establishment of entrepreneurship for horse donkey, mule, camel with 50% capital subsidy up to 50 lakhs will be provided to the Individuals, FPO, SHG, JLG, FCO and Section 8 companies. Also the state government will be assisted for breed conservation of horse, donkey and camel. The Central Government will provide 10 cr. for establishment of semen station and nucleus breeding farm for horse, donkey and camel of entrepreneurs for Fodder seed processing Infrastructure (Processing & Grading unit/Fodder storage godown) with 50% capital subsidy up to Rs.50 lakhs to the private companies, start-ups /SHGs /FPOs /FCOs /JLGs / Farmers Cooperative societies (FCO), Section 8 companies establishment of Infrastructure like construction of building, receiving shed, drying platform, machinery etc. including ...

Source: Menafn