If you are also planning to start your own business, we have good news for you. You can start your own dairy farming business with little investment. In this sector, there is no economic decline. And the best part is, the government also provided loans and subsidy at the central and state level for animal husbandry.
You can begin with less investment and there is great growth potential in this business. Let us proceed to know the details.
How to Start Your Dairy Farming Business?
In the beginning, entrepreneurs will have to select a few cows and buffaloes. You can start with just two cattle. Later with the demand and growth of the business, the numbers can be increased.
Government Support/Subsidy
The government has started the Dairy Entrepreneurship Development Scheme, DEDS to promote the dairy industry. The purpose of this scheme is to prepare modern dairy, and supporting livestock farmers to open their dairy and earn good profits. Starting with two cattle, you can get subsidy ranging from 35 to 50 thousand rupees.
Under this scheme, the loan is also provided from the bank, and a subsidy is available on this loan. If you want to open the dairy with 10 cattle, then you will need around 10 lakh rupees. Under the DEDS scheme of the Ministry of Agriculture, you will get a subsidy of around 2.5 lakh rupees.
This subsidy is given by NABARD. Click here for more information.
