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Goals and Objectives

  • To improve the productivity of local sheep in terms of wool and mutton production by crossbreeding them with high-quality breeding rams.
  • To ensure the elimination of sheep with pigmentation, coarse wool, and other undesirable traits through selective breeding and rigorous culling.
  • To enhance the economic condition of sheep farmers by increasing the productivity of their sheep, providing them with subsidized inputs, and ensuring profitable prices for their products.
  • To provide greater livelihood opportunities to small/marginal farmers, agricultural laborers, entrepreneurs, unemployed youth, etc.

Size of the Farm

50 Crossbred Ewes

Breeding Coverage

Two quality breeding rams will be provided free of cost by the Directorate of Sheep Husbandry for breeding coverage.

Interest Rate (Subject to Change)

Margin from Borrowers

15% of the unit cost

Distribution

  • The term loan component of 17,200/- and margin money of 37,800/- from the borrower will be used for construction and purchase of equipment as per the following technical specifications provided by the Directorate of Sheep Husbandry.
  • The cost of live animals, i.e., 1,50,000/-, will be directly transferred from the term loan component to the supplier of live animals after ensuring the proper utilization of funds released for shelter and equipment.
  • The grazing, feeding, and veterinary health care charges of 32,800/- per unit will be released to the borrower in four equal quarterly installments of 8,200/- per installment. The first installment will be released immediately after the purchase of live animals.

Tenure

6 years, including a moratorium of one and a half years from the first disbursement.

Repayment Period

**English Translation:**

The term loan of 2.00 lakh will be repaid in 10 equal half-yearly installments of 20,000/- each, starting 18 months after the first disbursement.

Security

  • Hypothecation of live animals and other assets.
  • Third-party guarantee from two individuals who have sufficient means to bear the responsibility.

Insurance

a) Live Animals

Comprehensive insurance of live animals.

b) Breeder (Borrower)

Insurance cover for sheep breeders under the Central Wool Board's "Social Security Scheme," which will cover natural and accidental death as well as total or partial disability @330/year, of which the breeder will pay 80/-, and the remaining amount will be contributed by the Government of India and LIC. The coverage will be as follows:

(Amount in Rupees)
 

Natural Death60,000
Accidental Death1,50,000
Total Disability1,50,000
Partial Disability75,000

Prepayment

The borrower can prepay the term loan after an initial lock-in period of 3 years from the date of disbursement. The subsidy component over the actual utilization in such accounts will be refunded to the Directorate of Sheep Husbandry through an account payee instrument.

Identification of Borrowers

Under the scheme, the identification and sponsorship of borrowers will be done by the concerned District Sheep Husbandry Officer.

Other incentives from the Sheep Husbandry Department.

  • The department will provide two high-quality rams free of cost to each unit for breeding coverage.
  • The department will provide free veterinary health care/assistance to each mini sheep farm throughout the year. Necessary medicines and drugs available with the department will be provided to the unit at subsidized rates.

Processing/Advance Fee

Zero