Rs 15,000 crore for animal husbandry

New Delhi, June 24

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The government today approved Rs 15,000 crore for infrastructure development with an interest subsidy scheme to promote investment by private players and MSMEs in the animal husbandry sector, including dairy, meat processing and animal feed plants.

Claiming that the fund is expected to create 35 lakh jobs in the country, Minister for Animal Husbandry Giriraj Singh said it was part of the Rs 20 lakh crore stimulus package, announced in May to help people affected by the Covid-19 induced lockdown. An interest subvention of 3-4 per cent will be provided to farmer producer organisations, MSMEs and private players for setting up of dairy, meat processing and animal feed plants, the government said in an official release.

The government had earlier approved the Dairy Infrastructure Development Fund worth Rs 10,000 crore,” he added. — TNS