The government approves a special program of financial assistance for animal husbandry



Apart from goat farming, the government of Tripura also approves pig farming in the state.








One of the main advantages of goat farming is that goats give high yields in a short period of time.





For the growth and development of the livestock sector, the Central and State governments have put in place several programs and initiatives from time to time. These programs provide financial assistance to people involved in animal husbandry in the form of grants or loans.












Recently, the Education Minister of Tripura, Ratanlal Nath said that the council of ministers had approved a special program to help unemployed young people indigenous to the state by providing financial assistance for animal husbandry, especially goats. .

Speaking to reporters in Agartala, the Minister said, “The Tribal Welfare Department presented a proposal to introduce a ‘Puno Baniya’ (kokborok word meaning goat trade) scheme and the cabinet approved it in focusing on the main motive of the program to raise the standard of living of natives of Tripura.

Nath said, “To generate more income for the tribal people, a credit linked goat farming scheme where members of Self Help Group (SHG) will receive Rs 2,51,000 for one unit. The beneficiary of each unit has to pay an amount of Rs 25,100 while the state government would pay a share of Rs 1.04,000 and the rest of the Rs 1.25,500 will be transferred to their accounts as a loan”.












He added that “Tripura Gramin Bank will be the financing agency for the program and after receiving the money, no disbursement should be made for 9 months. Once the beneficiaries start earning money, they will pay the EMIs of the loan while the state government will be the grantor for the beneficiaries”.

Mentioning the reason why goat farming was selected for the scheme, the minister said, “Of all farm animals, goats are considered immune to many diseases compared to the heavy losses suffered by pigs. and poultry. The expenses for the purchase of fodder and labor are also lower than for other farms. In addition, goats give high yields in a short time. Besides meat and milk, goat dung is immensely used as fodder in fisheries”.












Nath said beneficiaries would receive a set of 12 goats comprising 10 females and 2 males either from the open market or from the animal resources development department. He said a similar scheme is there to endorse the pig house with a budget of Rs 2.20 lakh for one unit.











First published: July 15, 2022, 05:20 IST



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