Buffalo Purchase Loan update: In today’s world, if you live in a rural area and are looking for employment, the ‘Mukhyamantri Rajya Pashudhan Mission’ launched by the government can be a golden opportunity for you. The central and state governments are now providing financial assistance to farmers and rural youth to promote animal husbandry.

There are several excellent schemes, especially for buffalo rearing, where the government is offering direct assistance of up to ₹80,000 to buy a buffalo. These schemes will not only reduce unemployment but also strengthen the rural economy. Milk production will increase, which will boost income and improve nutrition. If you want to start a business with minimal capital, these schemes can prove to be a great opportunity for you. Let’s look at the complete information about these schemes.

Chief Minister’s State Livestock Mission

This scheme by the Uttar Pradesh government is proving to be a boon for livestock farmers. Under this program, the state government offers a subsidy of up to 90%. Farmers can easily buy new animals by taking loans at low interest rates. The government provides financial assistance of up to ₹40,000 for buying indigenous breed cows and buffaloes.

Additionally, special breeds like Gir, Sahiwal, and Tharparkar are preferred because they produce more milk and have a lower cost.

Pashupalan Loan Yojana

  • If you are unable to do animal husbandry due to financial constraints, this scheme is for you.
  • ₹60,000 loan for buying a cow.
  • Up to ₹80,000 loan for buying a buffalo.
  • This scheme is beneficial for farmers who want to start their work with limited resources.

Pashu Kisan Credit Card Scheme

  • The government has launched this special scheme to provide financial assistance to livestock farmers.
  • ₹40,000 loan per cow.
  • Up to ₹60,000 loan per buffalo.
  • This loan can be used for expenses such as fodder, care, and treatment. The main objective of this scheme is to increase the income of farmers.

How to Apply?

To avail of the benefits of these schemes, follow these simple steps:

  1. Apply by visiting the nearest bank, animal husbandry department, or government portal.
  2. Keep your Aadhaar card, bank account details, and information about the animals handy.
  3. Complete information can also be obtained from the official website of the state government.