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Scheme 12

Vehicle financing
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0% found this document useful (0 votes)
13 views1 page

Scheme 12

Vehicle financing
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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SCHEME FOR FINANCING SHEEP/GOAT BREEDING/REARING ACTIVITIES

PURPOSE: Financial assistance is considered for Purchase of sheep/goat of recognized breed for
the purpose of breeding and/or rearing them for wool, meat and milk production, construction
of sheds for sheep/goat, if considered necessary, and also for purchase of equipments/tools,
purchase of concentrate feed, if considered necessary.

ELIGIBILITY: Small and marginal farmer(s) and agricultural labourer(s) desirous of undertaking
sheep/goat breeding/rearing as subsidiary activity or trained persons desirous of taking up the
venture on commercial lines are eligible for financial assistance.

EXTENT OF LOAN: Need based.

REPAYMENT OF LOAN: Medium Term Loan:

Activity Minimum & maximum repayment Mode of repayment


period, including gestation period (instalments)
Sheep Breeding 5-6 years Quarterly/ Half-yearly/ Yearly
Goat Rearing 5-6 years Quarterly/ Half-yearly/ Yearly

Working Capital: Working capital loan is to be repaid within maximum period of 1.5 years from
the date of advance. If given as cash credit limit, the facilities shall be renewable every year.

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