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The Government of Union Territory of Jammu and Kashmir has launched J&K Poultry Policy, 2020/Operational Guidelines to promote establishment of poultry units in the region and announced a dedicated UT allocation of Rs. 50 crore as subsidy per annum for establishment of broiler/layer farms and other allied activities.
The Policy is expected to create employment avenues for youth and shall be a big step for making the UT self-sufficient in poultry production besides supplementing income of farmers.
It will curtail the annual import bill of approximately 900 crore spent on importing poultry and its products from outside the UT. All new farmers, Individual entrepreneurs, NGOs, Companies/Cooperatives, Groups of unorganized and organized sectors which include Self Help Groups (SHGs), Joint Liability Groups (JLGs) etc are eligible to avail benefits under the scheme. Commercial layer/broiler farms with rearing capacity of more than 10000 birds per unit will be provided capital investment incentive for access to credit @ 30% of the investment in plant and machinery (Farm automation/ equipment) with an upper limit of Rs 50.00 lakh.
Besides, commercial layer/broiler farms with rearing capacity of more than 10000 birds anywhere in J&K will be given an interest incentive @3% on working capital credit.
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