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Cabinet gives nod for expansion of National Livestock Mission to boost rural incomes

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved further modification of the National Livestock Mission by including additional activities to extend benefits to the rural population. The new activities in the scheme include establishment of entrepreneurship for horse, donkey, mule, camel with 50 per cent capital subsidy up to Rs 50 lakh to be provided to individuals, FPOs, SHGs, JLGs, FCOs and Section 8 companies. The state governments will also be assisted for breed conservation of horse, donkey and camel. The Central government will provide Rs 10 crore for the establishment of semen station and nucleus breeding farm for horse, donkey and camel.

The Union Cabinet has approved the modification of the National Livestock Mission to include new activities aimed at benefitting the rural population. The scheme will now provide capital subsidy for the establishment of entrepreneurship for horse, donkey, mule, and camel, and assist state governments in breed conservation. The initiative also includes the establishment of semen station and nucleus breeding farm, as well as entrepreneurship for fodder seed processing infrastructure.

In addition, assistance will be provided to the state government for fodder cultivation in non-forest land, waste land, range land, non-arable land, and forest land. This aims to increase fodder availability in the country. The livestock insurance program has also been simplified, with the beneficiary’s share of the premium for farmers reduced to 15 per cent and the number of animals to be insured increased to 10 cattle unit.

According to the report, the Union Cabinet has also simplified the livestock insurance program, reducing the beneficiary’s share of the premium for farmers and increasing the number of animals to be insured. This initiative aims to facilitate livestock farmers to get their animals insured by paying a minimum amount.

Overall, the modification of the National Livestock Mission is expected to provide substantial support to the rural population and livestock farmers in the country. The inclusion of new activities and the simplification of the livestock insurance program will contribute to the development of the livestock sector and enhance the livelihoods of rural communities.

The approval of further modification of the National Livestock Mission by the Union Cabinet is a significant development that will have a positive impact on the rural population and livestock farmers. The inclusion of new activities and the simplification of the livestock insurance program demonstrate the government’s commitment to promoting the development of the livestock sector and improving the livelihoods of rural communities.

IANS

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