Jammu and Kashmir launches J&K Poultry Policy 2020

The Government of Jammu and Kashmir recently launched the Poultry Policy, 2020. The Government has provided operational guidelines under the policy to promote establishment of poultry units.

Highlights

The Jammu and Kashmir Government has announced Rs 50 crores of subsidy per annum to establish broiler farms and its allied activities. The policy aims to generate employment in the territory.

About the Policy

The policy is expected to reduce an annual bill of Rs 900 crores that is spent on importing poultry and its products outside the territory. The entrepreneurs, farmers, NGOs, cooperatives, Self Help Groups, Joint Liability Groups are eligible to avail the benefits under the scheme.

Commercial Farms

For Commercial Broiler farms that holds rearing capacity of rearing more than 10,000 birds per unit are to be provided with incentive 30% of capital investment. The upper limit fixed to such incentives is Rs 50 lakhs.

Month: Current Affairs - June, 2020