Meghalaya Piggery Development Scheme

About This Scheme

The "Chief Minister’s CM-ELEVATE Program", launched by the Government of Meghalaya under the Planning Department, aims to promote entrepreneurship and improve livelihoods across the state. Under this program, the "Meghalaya Piggery Development Scheme" has been introduced to employ, engage, and empower youth and rural communities by promoting piggery entrepreneurship through easy access to credit and subsidies.

Eligibility

Individuals 1. The applicant should be between 18 and 58 years of age. 1. The entrepreneur should possess land, either self-owned or on lease, verified by the competent authority. 1. Preference for availing loans will be given to entrepreneurs and entities with prior experience in undertaking piggery. 1. The entrepreneur should have access to adequate and quality feed for the pigs. 1. The entrepreneur should have a vaccination scheme in place for the pigs. 1. The entrepreneur should have a plan for marketing the pigs and their products. 1. The entrepreneur’s village should be in an area where pig rearing is feasible. 1. The distance between the entrepreneur’s village and the nearest market should be reasonable. 1. The entrepreneur should not be a credit defaulter with any bank. 1. The entrepreneur should possess self-owned land or notarized lease land (≥15 years). Registered Entities 1. The entrepreneur should be a registered entity from Meghalaya, such as a Cooperative, Farmer Producer Company (FPC), Farmer Producer Organization (FPO), or any other legally registered group in the state. 1. The entrepreneur should possess land, either self-owned or on lease, verified by the competent authority 1. The entrepreneur should possess a training certificate on the sector applied for from a recognized Institution, preferably from a Government Institute 1. Preference for availing loans will be given to entrepreneurs and entities with prior experience of undertaking piggery. 1. The entrepreneur must have access to adequate and quality feed for the pigs. 1. The entrepreneur must have a vaccination Scheme in place for the pigs. 1. The entrepreneur must have a plan for marketing the pigs and their products. 1. The entrepreneur’s village must be in an area where pig rearing is feasible. 1. The distance between the entrepreneur’s village and the nearest market must be reasonable. 1. The entrepreneur should not be a credit defaulter from any bank. Must possess self-owned or notarized lease land (≥15 years) Registered Entities 1. Registered Entities from Meghalaya such as any group/entity registered in Meghalaya such as Cooperatives, Farmer Producer Companies (FPC), Farmer Producer Organization (FPO) and so on. 1. Must provide an Incorporation Certificate or a registration certificate whichever is applicable. 1. Should possess land, either self-owned or on lease, verified by the competent authority 1. Should possess a training certificate on the sector applied for from a recognized Institution, preferably from a Government Institute 1. Preference for availing loans will be given to entrepreneurs and entities with prior experience of undertaking piggery. 1. The entrepreneur must have access to adequate and quality feed for the pigs. 1. The entrepreneur must have a vaccination Scheme in place for the pigs. 1. The entrepreneur must have a plan for marketing the pigs and their products. 1. The entrepreneur’s village must be in an area where pig rearing is feasible. 1. The distance between the entrepreneur’s village and the nearest market must be reasonable. 1. The entrepreneur should not be a credit defaulter from any bank. Must possess self-owned or notarized lease land (≥15 years)

Benefits

1. 50% of project cost supported (5% by applicant, 45% by Government) 1. 5% EMI co-payment support for 24 months 1. Credit linkage through partnered banks 1. Technical training and capacity building 1. Veterinary and farm management support 1. Market linkage for selling output 1. Mentorship and business advisory

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.