LMSIPL

Livestock Mission Scheme - Interest Payment on Loan

The scheme aims to promote self-employment opportunities at the local level by encouraging livestock-based entrepreneurship and reducing the financial burden on beneficiaries through payment of 90% of the bank loan interest by the State Government.

State Cash

States / UT: Uttarakhand

Nodal department: Department Of Animal Husbandry

Scheme for: Individual

Scheme profile

DBT (direct benefit transfer): No

Categories: Agriculture,Rural & Environment

Sub-categories: Animal husbandry

Target beneficiaries: Individual

Tags: Livestock Mission, Interest Payment, Loan, Animal Husbandry, Buffalo, Cow, Sheep, Goat, Poultry, Pig

Details

The “Livestock Mission Scheme – Interest Payment on Loan” scheme has been introduced by the Department of Animal Husbandry, Government of Uttarakhand. The scheme aims to promote self-employment opportunities at the local level by encouraging livestock-based entrepreneurship and reducing the financial burden on beneficiaries through payment of 90% of the bank loan interest by the State Government.

Benefits

  • For promoting self-employment at the local level, 90% of the interest subsidy on the bank loan taken by the applicant for setting up the following units is borne by the State Government: Dairy Entrepreneurship Development Scheme:
  • 5 cow units 10 cow units 2 buffalo units 5 buffalo units Load Carrier Entrepreneurship Development Scheme:
  • 1 mule unit 2 mule unit Sheep and Goat Entrepreneurship Development Scheme:
  • Sheep/Goat (5 female + 1 male)
  • Sheep/Goat (10 female + 1 male) Pig Entrepreneurship Development Scheme:
  • Pig (5 female + 1 male)
  • Pig (10 female + 1 male) Poultry Entrepreneurship Development Scheme:
  • Commercial broiler farm for 1,000 birds

For promoting self-employment at the local level, 90% of the interest subsidy on the bank loan taken by the applicant for setting up the following units is borne by the State Government:
Dairy Entrepreneurship Development Scheme:

  • 5 cow units
  • 10 cow units
  • 2 buffalo units
  • 5 buffalo units

Load Carrier Entrepreneurship Development Scheme:

  • 1 mule unit
  • 2 mule unit

Sheep and Goat Entrepreneurship Development Scheme:

  • Sheep/Goat (5 female + 1 male)
  • Sheep/Goat (10 female + 1 male)

Pig Entrepreneurship Development Scheme:

  • Pig (5 female + 1 male)
  • Pig (10 female + 1 male)

Poultry Entrepreneurship Development Scheme:

  • Commercial broiler farm for 1,000 birds
  • Small commercial layer farm for 250 birds

Eligibility

  1. The applicant must be a resident of Uttarakhand.
  2. The applicant must be an interested livestock farmer.
  3. The livestock farmer must be eligible to avail a bank loan.

Application Process

Offline

  • The scheme will initially operate offline. Once the departmental portal becomes operational, beneficiaries will be required to apply and register through the portal.
  • Applicants must submit their applications to the District Level Implementation Unit (DLIA) at the district level, along with the bank’s consent letter for loan approval. After scrutiny of the applications received by the DLIA, a list of eligible applicants will be prepared. Upon completion of all formalities, final approval will be granted. The approved applications, along with the beneficiaries’ forms, will then be submitted through the concerned bank for further scrutiny and loan recommendation.
  • The bank will provide information on the amount of interest subsidy granted by the state government to the DLIA each quarter, corresponding to the beneficiaries’ approved loans. The DLIA will prepare a bill for the said amount and submit it to the treasury for payment.
  • The State Monitoring Committee will be established within the Animal Husbandry Directorate, Dehradun. The committee, under the control of the Director of Animal Husbandry, will monitor the progress of the scheme and ensure its proper implementation by issuing necessary instructions to district-level officers.

Documents Required

No document list is available for this scheme yet.

References

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Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status