Interest subvention on working capital to Animal Husbandry and Fisheries. The GoI has extended the Interest subvention Scheme on KCC issued to crop loan farmers to the KCC issued to Animal Husbandry and Fisheries farmers from 2018-19.
About Animal Husbandry Loan :
Even decades after independence, India predominately is an agrarian economy. For many people, the term agriculture means only working on the field and growing crops. This is a limited meaning of the term agriculture. In reality, the term agriculture includes many other streams and segments.
A key segment of agriculture is animal husbandry. Animal husbandry refers to the raising and selective breeding of livestock. The farmer, in this case, the person taking care of the animals uses the farm animals for the supply of milk, meat, eggs, wool, hides.
There are a number of farmers in India associated with animal husbandry. These farmers like many others in India suffer from many hardships and a constant need for funds to maintain their occupation. In order to support these farmers and to ensure that they get timely access to funds, the Government has initiated many welfare schemes. Apart from these schemes, there are many lenders that provide specific loans for animal husbandry.
.png)
