Venture Capital Fund
Recently Govt. of India has introduced a scheme for development of Dairy and poultry sector of the state to be implemented through NABARD. The participatory Banks will be all Nationalized banks, Co-operative Banks and RRBs. In this scheme the 50% of the total project cost will be given as interest free loan. 10% of the project cost will be met by entrepreneurs and 40% will be bankable loans. On regular repayment of loan as fixed by the financing Bank the beneficiary will further be given 50% concession on the interest accumulated. Under the scheme various projects of Dairy and poultry are enlisted. The scheme has already beenÂ operated in our state.