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Financial assistance available from banks/NABARD for Goat rearing NABARD is an apex institution for all matters relating to policy, planning and operation in the field of agricultural credit. It serves as refinancing agency for the institutions providing investment and production credit for agriculture and rural development. It promotes development through a well organized Technical Services Department at the head office and Technical Cells at each of the Regional Offices. |
Loan from banks with refinance facility from NABARD is available for starting Goat farming. For obtaining bank loan, the farmers should apply to the nearest branch of a Commercial or Co-operative or Regional Rural Bank in their area in the prescribed application form which is available in the branches of financing bank. The Technical Officer attached to or the Manager of the bank can also help/give guidance to the farmers in preparing the project report to obtain bank loan.
For goat rearing schemes with very large outlays, detailed reports will have to be prepared. The items of finance would include costs of assets like Development of land, construction of goats sheds, purchase of goat caring equipments, purchase of breeding stock, rearing cost of animals till it generates income etc. The cost of land is not considered for loan. However, if land is purchased for setting up a goat farm its cost can be treated as party's margin as per the norms.



