ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Published: Wednesday 01 February 2023 The Department of Animal Husbandry and Dairying received an allocation of Rs 4, 327.85 crore, an increase from Rs 3, 105.17 crore in 2022-23 revised estimates. A significant part of the total allocation went to the livestock health and disease control programme-Rs 2, 349.71 crore.

Detailed explanation-2: -Investment: Rs 5.00 lakh for ten animal units – minimum unit size is two animals with an upper limit of 10 animals. Subsidy: 25% of the outlay (33.33 % of SC / ST farmers, ) as back-ended capital subsidy subject to a ceiling of Rs 1.25 lakh for a unit of ten animals (Rs 1.67 lakh for SC/ST farmers, ).

Detailed explanation-3: -Subsidy of 50% (up to Rs 2 crores per farm) on capital cost (excluding land cost) is proposed to be provided to private entrepreneurs for establishment of breed multiplication farms of minimum herd size of 200 heads of bovines in the country.