Poultry is one of the fastest-growing agricultural segments in India. The country is the third-highest producer of eggs in the world. To further boost the sector, the Government has introduced many financial assistance schemes. The schemes also encourage young and aspiring minds to become entrepreneurs in poultry farming. The Department of Animal Husbandry and Dairying (DAHD) and the Ministry of Fisheries, Animal Husbandry and Dairying implements the financing schemes in collaboration with state-wide financial institutions. Listed here are a few such schemes introduced by DAHD for poultry farming.[\/vc_column_text][vc_empty_space height=”12px”][vc_single_image image=”22426″ img_size=”768 x 432″ alignment=”center” style=”vc_box_border” border_color=”black”][vc_empty_space height=”12px”]
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<\/div>\n <\/span>MUDRA Loans for Poultry Farming<\/span><\/h2>\nThe Micro Units Development and Refinance Agency (MUDRA<\/a>) supports the development and refinancing activities of micro-enterprises, including poultry farms.\u00a0 Under the Pradhan Mantri MUDRA Yojana scheme (PMMY), MUDRA provides loans up to Rs.10 lakh for poultry farming.<\/p>\nAll Public Sector Banks, NBFCs, Regional Rural Banks, MFIs, State Cooperative Banks and Urban Cooperative Banks provide these loans.<\/p>\n
MUDRA loans for poultry farms are offered in 3 categories – Shishu, Kishor, and Tarun.<\/p>\n
\n- Shishu Scheme provides loans up to Rs.50,000 for aspiring entrepreneurs who wish to start their own poultry farm with lesser funding.<\/li>\n
- Kishor Scheme provides loans from Rs.50,001 to Rs.5 lakh for already established poultry businesses requiring additional funds to mobilise them.<\/li>\n
- Tarun Scheme provides loans above Rs.5 lakh to Rs.10 lakh for established poultry farms for further expansion or upgrade.<\/li>\n<\/ul>\n
About 60% of the MUDRA loans will be provided for establishing new poultry units. Women entrepreneurs and people belonging to special categories like SC\/ST and EBC can enjoy interest subsidies on MUDRA loans for poultry farms.<\/p>\n
In addition to funding support, streamlining operations with retail billing software<\/a><\/strong> can help manage sales, invoicing, and inventory efficiently for poultry businesses.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<\/span>Animal Husbandry Infrastructure Development Fund (AHIDF) for Poultry Farming<\/span><\/h2>\nWith a corpus of Rs.15,000 crore, the Animal Husbandry Infrastructure Development Fund (AHIDF) has been set up under Prime Minister’s AtmaNirbhar Bharat Abhiyan program. The scheme encourages investments in different animal husbandry-related industries and activities.<\/p>\n
As part of its objectives towards the poultry industry, AHIDF –<\/p>\n
\n- Ensures quality concentrated feed is available for the poultry industry at affordable prices.<\/li>\n
- Encourages the establishment of new meat processing units and also the strengthening of existing facilities for poultry in rural, semi-urban and urban areas.<\/li>\n
- Provides assistance to establish large-scale meat processing facilities.<\/li>\n
- Establishment of new or upgradation of existing value-addition facilities for meat products like sausages, nuggets, or any other meat products.<\/li>\n
- To purchase the latest technologically-based poultry farms like\n
\n- Hatcheries with environmentally controlled facilities<\/li>\n
- Layer Farms with environmentally controlled systems<\/li>\n
- Broiler Breeder Farms with environmentally controlled units<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
[\/vc_column_text][vc_empty_space height=”16px”]
\n \n <\/div>\n \n\t \n\t\t \n\t\t \t\t \t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t <\/a>\n <\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<\/span>Who Can Apply for AHIDF Scheme for Poultry Farming<\/span><\/h2>\n\n- Individual entrepreneurs<\/li>\n
- Private Dairy companies<\/li>\n
- Micro and Small Dairy enterprises<\/li>\n
- Farmer Producer Organizations (FPOs) and<\/li>\n
- Section 8 companies or Non-profit Organisations (NPOs) – are eligible for availing the benefits under the AHIDF Scheme.<\/li>\n<\/ul>\n
[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n
<\/span>Loan Amount & Repayment Tenure for Poultry Loans<\/span><\/h2>\nThe eligible applicants can avail loan of up to 90% of the estimated or actual project cost. There is no maximum or minimum cap on the project cost or on the loan amount.<\/p>\n
For MSMEs, the borrower\u2019s contribution is 10%, Medium Enterprises need to contribute 15%, and for other categories, it could go up to 25% or more.<\/p>\n
All Scheduled Banks and National Cooperative Development Corporations (NCDC) will sanction loans under the AHIDF scheme. The banks will fix the interest rate, and as per the RBI guidelines, it should not exceed 200 basis points. The loans are covered under the interest subvention scheme through which borrowers can enjoy subsidised interest rates.<\/p>\n
The maximum repayment period is 8 years, including 2 years moratorium on the principal amount. However, the financing bank will decide the final repayment period depending on the applicant\u2019s eligibility.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n
<\/span>Documents Required to Apply for Poultry Farming Loans<\/span><\/h2>\n\n- Complete project details and cost, including total cost, net income, and project viability.<\/li>\n
- Identity Proof<\/li>\n
- PAN Card<\/a><\/li>\n
- MSME certificate<\/a><\/li>\n
- Landholding certificate<\/li>\n
- Education certificate<\/li>\n
- Training certificate<\/li>\n
- Income proof<\/li>\n
- Bank statement<\/li>\n
- Change of land use<\/li>\n
- Project site plan<\/li>\n
- List of machinery and equipment<\/li>\n
- Processing facility layout plan<\/li>\n
- All statutory clearances<\/li>\n<\/ul>\n
[\/vc_column_text][vc_empty_space height=”16px”]
All Public Sector Banks, NBFCs, Regional Rural Banks, MFIs, State Cooperative Banks and Urban Cooperative Banks provide these loans.<\/p>\n
MUDRA loans for poultry farms are offered in 3 categories – Shishu, Kishor, and Tarun.<\/p>\n
- \n
- Shishu Scheme provides loans up to Rs.50,000 for aspiring entrepreneurs who wish to start their own poultry farm with lesser funding.<\/li>\n
- Kishor Scheme provides loans from Rs.50,001 to Rs.5 lakh for already established poultry businesses requiring additional funds to mobilise them.<\/li>\n
- Tarun Scheme provides loans above Rs.5 lakh to Rs.10 lakh for established poultry farms for further expansion or upgrade.<\/li>\n<\/ul>\n
About 60% of the MUDRA loans will be provided for establishing new poultry units. Women entrepreneurs and people belonging to special categories like SC\/ST and EBC can enjoy interest subsidies on MUDRA loans for poultry farms.<\/p>\n
In addition to funding support, streamlining operations with retail billing software<\/a><\/strong> can help manage sales, invoicing, and inventory efficiently for poultry businesses.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n
<\/span>Animal Husbandry Infrastructure Development Fund (AHIDF) for Poultry Farming<\/span><\/h2>\n
With a corpus of Rs.15,000 crore, the Animal Husbandry Infrastructure Development Fund (AHIDF) has been set up under Prime Minister’s AtmaNirbhar Bharat Abhiyan program. The scheme encourages investments in different animal husbandry-related industries and activities.<\/p>\n
As part of its objectives towards the poultry industry, AHIDF –<\/p>\n
- \n
- Ensures quality concentrated feed is available for the poultry industry at affordable prices.<\/li>\n
- Encourages the establishment of new meat processing units and also the strengthening of existing facilities for poultry in rural, semi-urban and urban areas.<\/li>\n
- Provides assistance to establish large-scale meat processing facilities.<\/li>\n
- Establishment of new or upgradation of existing value-addition facilities for meat products like sausages, nuggets, or any other meat products.<\/li>\n
- To purchase the latest technologically-based poultry farms like\n
- \n
- Hatcheries with environmentally controlled facilities<\/li>\n
- Layer Farms with environmentally controlled systems<\/li>\n
- Broiler Breeder Farms with environmentally controlled units<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
[\/vc_column_text][vc_empty_space height=”16px”]
\n\n <\/div>\n \n\t\n\t\t\n\t\t \t\t \t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\t <\/a>\n <\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<\/span>Who Can Apply for AHIDF Scheme for Poultry Farming<\/span><\/h2>\n
- \n
- Individual entrepreneurs<\/li>\n
- Private Dairy companies<\/li>\n
- Micro and Small Dairy enterprises<\/li>\n
- Farmer Producer Organizations (FPOs) and<\/li>\n
- Section 8 companies or Non-profit Organisations (NPOs) – are eligible for availing the benefits under the AHIDF Scheme.<\/li>\n<\/ul>\n
[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n
<\/span>Loan Amount & Repayment Tenure for Poultry Loans<\/span><\/h2>\n
The eligible applicants can avail loan of up to 90% of the estimated or actual project cost. There is no maximum or minimum cap on the project cost or on the loan amount.<\/p>\n
For MSMEs, the borrower\u2019s contribution is 10%, Medium Enterprises need to contribute 15%, and for other categories, it could go up to 25% or more.<\/p>\n
All Scheduled Banks and National Cooperative Development Corporations (NCDC) will sanction loans under the AHIDF scheme. The banks will fix the interest rate, and as per the RBI guidelines, it should not exceed 200 basis points. The loans are covered under the interest subvention scheme through which borrowers can enjoy subsidised interest rates.<\/p>\n
The maximum repayment period is 8 years, including 2 years moratorium on the principal amount. However, the financing bank will decide the final repayment period depending on the applicant\u2019s eligibility.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n
<\/span>Documents Required to Apply for Poultry Farming Loans<\/span><\/h2>\n
- \n
- Complete project details and cost, including total cost, net income, and project viability.<\/li>\n
- Identity Proof<\/li>\n
- PAN Card<\/a><\/li>\n
- MSME certificate<\/a><\/li>\n
- Landholding certificate<\/li>\n
- Education certificate<\/li>\n
- Training certificate<\/li>\n
- Income proof<\/li>\n
- Bank statement<\/li>\n
- Change of land use<\/li>\n
- Project site plan<\/li>\n
- List of machinery and equipment<\/li>\n
- Processing facility layout plan<\/li>\n
- All statutory clearances<\/li>\n<\/ul>\n
[\/vc_column_text][vc_empty_space height=”16px”]
- MSME certificate<\/a><\/li>\n