Acharya Vidyasagar Gau Samvardhan Yojana in Katni
AVGSY
Animal Husbandry Department, Government of Madhya Pradesh
Guidance for businesses in Katni
The objective of this scheme is to Increase in milk production, improving the economic status of the beneficiaries, increase in milk production capacity of animals and provide employment opportunities.
At a glance
- Scheme Name
- Acharya Vidyasagar Gau Samvardhan Yojana
- Implementing Body
- Animal Husbandry Department, Madhya Pradesh
- Unit Size
- Minimum 5 or more animals
- Maximum Project
- Rs. 10.00 lakhs
- Bank Loan
- 75% of the project cost
- Interest Reimbursement
- Up to Rs. 25,000 per annum for 7 years
Benefits
Project Scale:
- The animal owner can get the plan approved for minimum 5 or more animals and the maximum limit amount of the project is Rs. 10.00 lakhs.
Financing Structure:
- 75 percent of the project cost will have to be received through bank loan and the balance amount will have to be arranged in the form of margin money assistance and the beneficiary's own contribution.
Interest Reimbursement:
- Reimbursement of interest on 75 per cent of the unit cost or 5 per cent per annum (maximum Rs. 25,000 per annum) by the beneficiary on the loan availed from the bank, whichever is less, will be done by the department for 7 years. Interest on the remaining interest rate above 5 percent will have to be reimbursed by the beneficiary himself.
Eligibility
- The scheme is applicable to all the registered cow shelters, non-governmental organizations, and individuals who own cows.
- The scheme is only applicable to the indigenous cows that are recognized by the government.
- The cow owners or cow shelters must be registered with the Gau Samvardhan Board to avail the benefits of the scheme.
- The applicant must have a valid Aadhaar card, and the cow must be registered with the Gau Samvardhan Board.
- The cow owners or cow shelters must have a dedicated space for the cows, along with facilities for their feeding, cleaning, and medical care.
- The applicant must have a bank account in the name of the cow shelter or in their individual name.
Documents required
- Aadhaar
- Land document
- Bank details
How to apply
- 1
Approval of beneficiaries in Gram Sabha.
- 2
Approval of beneficiaries approved by Gram Sabha in the meeting of Janpad Panchayat.
- 3
After the approval of the Janpad Panchayat, the Deputy Director, Animal Husbandry Department of the district will get the approval by sending the approved case to the bank for approval.
About the scheme
The Acharya Vidyasagar Gau Samvardhan Yojana is a Madhya Pradesh scheme (Animal Husbandry Department) aimed at increasing milk production, improving the economic status of beneficiaries, boosting the milk-production capacity of animals, and creating employment. It supports the setting up of dairy units of indigenous cows recognised by the government.
Why it matters
- Boosts Milk Production:
- Encourages dairy units of indigenous cows.
- Improves Incomes:
- Strengthens the economic status of beneficiaries.
- Affordable Financing:
- 75% bank loan with interest reimbursement for 7 years.
- Employment:
- Creates livelihood opportunities in dairy.
Focus areas
- Milk Production:
- Increasing output and capacity of indigenous cows.
- Dairy Livelihoods:
- Improving beneficiaries' economic status.
- Indigenous Cattle:
- Support for government-recognised indigenous cows.
- Employment:
- Creating jobs in the dairy sector.
Is this scheme right for you?
The Acharya Vidyasagar Gau Samvardhan Yojana is a strong opportunity for Madhya Pradesh's cow owners, shelters, and NGOs to build viable dairy units around indigenous cattle. With projects up to Rs. 10 lakh, 75% bank financing, and interest reimbursement for 7 years, the scheme makes dairy livelihoods more affordable while boosting milk production. If you own or manage indigenous cows in MP, this scheme can help you scale up.
Frequently asked questions
What Is The Objective Of This Scheme?
1. Increase in milk production. 2. Improving the economic status of the beneficiaries. 3. Increase in milk production capacity of animals 4. Provide employment opportunities
What documents are required?
1. Aadhaar 2. Land document 3. Bank details
What is the eligibility criteria for this Scheme?
1. The scheme is applicable to all the registered cow shelters, non-governmental organizations, and individuals who own cows. 2. The scheme is only applicable to the indigenous cows that are recognized by the government. 3. The cow owners or cow shelters must be registered with the Gau Samvardhan Board to avail the benefits of the scheme. 4. The applicant must have a valid Aadhaar card, and the cow must be registered with the Gau Samvardhan Board. 5. The cow owners or cow shelters must have a dedicated space for the cows, along with facilities for their feeding, cleaning, and medical care 6. The applicant must have a bank account in the name of the cow shelter or in their individual name.
How to apply for this scheme?
1)Approval of beneficiaries in Gram Sabha. 2)Approval of beneficiaries approved by Gram Sabha in the meeting of Janpad Panchayat. 3)After the approval of the Janpad Panchayat, the Deputy Director, Animal Husbandry Department of the district will get the approval by sending
What are the benefits of this scheme?
1. The animal owner can get the plan approved for minimum 5 or more animals and the maximum limit amount of the project is Rs. 10.00 lakhs. 2. 75 percent of the project cost will have to be received through bank loan and the balance amount will have to be arranged in the form of margin money assistance and the beneficiary's own contribution. 3)Reimbursement of interest on 75 per cent of the unit cost or 5 per cent per annum (maximum Rs. 25,000 per annum) by the beneficiary on the loan availed from the bank, whichever is less, will be done by the department for 7 years. Interest on the remaining interest rate above 5 percent will have to be reimbursed by the beneficiary himself.
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