Bakri Palan Scheme 2024 Subsidy, Objective, Loan Amounts, Eligibility, Benefits & Features

The animal husbandry business is rapidly increasing in India, drawing not just farmers but also educated persons looking for extra money. If you live in a hamlet or possess property, beginning a goat rearing company might be a profitable possibility.

Bakri Palan Scheme 2024

Goat raising is becoming increasingly popular due to its simplicity and the possibility for significant profits, frequently three to four times the initial investment. In addition, government support is available to help begin this firm. Starting a goat farming business requires finance, which may be secured through a variety of loans provided by private and public institutions. These loans are intended to benefit rural communities and small farmers, hence increasing job prospects in the state.

What is the Rajasthan Bakri Palan Yojana 2024?

The Rajasthan Bakri Palan Yojana 2024 is a project created by the Rajasthan government to give financial aid and support to small farmers and jobless individuals interested in beginning a goat raising company. It provides loans and subsidies to individuals who want to start and run their own goat farms.

Subsidy By Category Wise

The government gives up to 60% subsidy to Scheduled Castes and Scheduled Tribes farmers under the Goat Rearing Scheme, while farmers in the general category can receive up to 50% subsidy. The specific subsidy amount may vary by state. Farmers in Rajasthan, Uttar Pradesh, and Haryana are increasingly resorting to goat husbandry as a complement to traditional farming.

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Goat Rearing Businesses

This enterprise has a lower risk of loss and is available to people across the state through the Animal Husbandry Scheme. The Rajasthan government launched the Rajasthan Goat Farming Scheme to encourage animal husbandry and assist jobless individuals. This scheme provides a 50% to 60% subsidy for establishing goat raising enterprises. With a large proportion of India’s population residing in rural regions, many people rely on animal husbandry or agriculture for a living.

Objective

The Rajasthan Bakri Palan Yojana 2024 aims to develop job possibilities for jobless individuals in Rajasthan. This program seeks to give financial assistance to both jobless persons and small farmers by promoting the formation of goat farming enterprises. The effort aims to tackle growing unemployment in the state and increase financial stability for inhabitants.

Loan Amounts under This Scheme

The initiative offers loans ranging from Rs 5 lakh to Rs 50 lakh, based on the applicant’s needs and the size of the goat farming enterprise. The Rajasthan government aims to improve agricultural production and provide employment for small farmers and jobless individuals through different initiatives, including the Rajasthan Goat Farming Scheme 2024.

The Subsidy Offer on loans

The Rajasthan government gives a loan subsidy ranging from 50% to 60%. The actual percentage of subsidy depends on the applicant’s category. If you live in Rajasthan and are jobless or seeking to augment your income while working in agriculture, this initiative might be a great chance. This article will go over all of the advantages, aims, eligibility requirements, needed paperwork, and application procedure for the Rajasthan Goat Farming Scheme.

Support Small Farmers

The Rajasthan government developed the Goat Farming Scheme to benefit small farmers and the jobless in the state. This initiative offers loans ranging from Rs 5 lakh to Rs 50 lakh to those interested in beginning a goat farming company. Beneficiaries can also get a loan subsidy ranging from 50% to 60%, depending on their category. If you are interested in applying for this program, please keep in mind that the application procedure is presently available and must be completed offline in order to get the rewards.

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Benefits and Features

• Loan Provision: Beneficiaries can get up to Rs 5.5 lakh for starting a goat rearing company
• . Loan subsidies range from 50% to 60%, based on the applicant’s category.
• The plan aims to help jobless individuals find work and improve their family’s socioeconomic position.

Eligibility Criteria

• To participate in the Rajasthan Bakri Palan Yojana 2024, candidates must complete the following requirements:
• Must be a resident of Rajasthan.
• Should be unemployed.
• Age range: 18–65 years.
• Must have expertise raising goats, sheep, cows, or buffaloes.
• Loan Requirements: Apply for a loan of at least 20 goats or more in defined installments.
• To establish a goat growing company, you must have property accessible.

Step To Apply Online Bakri Palan Yojana

• To apply for the Government Bakri Palan Scheme, go to the website (https://services.india.gov.in/).
• After applying online, you can obtain further information by visiting the Animal Department’s district office or the local veterinary facility.
• Register for SSO eMitra and complete the online application.
• If you are unsure about the process, get assistance from an e-Mitra or a nearby internet café.
• For further information, contact the Animal Department’s district office or your local veterinarian facility.
• They will walk you through the application and give further information.

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Need Documents

1. Aadhar Card
2. Caste Certificate
3. Birth Certificate
4. Residence Certificate
5. Animal Husbandry Training Certificate
6. Land-related Documents
7. Mobile Number
8. Passport-sized Photo
9. Bank Account Passbook

Final Words

To encourage animal husbandry and agricultural enterprise, the Rajasthan government is implementing a number of projects to enhance the income of the state’s jobless and small farmers. In such a situation, the Rajasthan Government recently launched the Goat Rearing Scheme, under which all unemployed youth in the state or farmers involved in agriculture business can start a goat rearing business by taking advantage of the goat rearing scheme to supplement their income. This firm generates greater profit while incurring less costs.