Entrepreneurship Development and Employment Generation (EDEG)

The EDEG includes all credit cum subsidy linked activities earlier implemented through NABARD, viz., Poultry Venture Capital Fund (PVCF), Pig Development and Integrated Development of Small Ruminants and Rabbits (IDSRR).

Objectives:

Poultry Venture Capital Fund (PVCF-EDEG):

  • To encourage entrepreneurship in various poultry activities and give capacity building for employment opportunities
  • To improve the production of poultry products and the productivity of processing units through technology up-gradation and also encourage the introduction of innovative technology.
  • To encourage nurture of other poultry species like turkeys, ducks, and quails etc. which have good potential?
  • Integrated Development of Small Ruminants and Rabbits (IDSRR-EDEG)
  • Development of Sheep for Wool and Mutton
  • Development of Goat for Meat and Milk
  • Assistance for the Establishment of Goat Farms in Government Sector, NGO and Private
  • Assistance for the Establishment of Rabbit Breeding Farms for Wool.
  • Assistance for  the Training in Sheep, Goat and Rabbit Production

Pig Development (Pig Development-EDEG):

  • For encouraging the commercial rearing of pigs by adopting the scientific method and creation of infrastructure
  • Production and supply of improved germplasm
  • Organising stakeholders to popularise scientific practices
  • Create a supply chain for the pork industry
  • Encourage value addition for better income.

Salvaging of Male Buffalo Calves (SMBC-EDEG):

  • For salvage and rear male buffalo calves to enhance survival rate,
  • Increase availability of buffalo meat for exports and domestic markets,
  • Enlarge raw material base for leather industry,
  • Improve availability of by-products such as tallow, meat-cum-bone meal, hides, bio-fertiliser, brushes, combs and buttons, etc.,
  • Improve India’s foreign exchange earnings through export of buffalo meat and leather products,
  • Create avenues of economic gain from the genetic material which otherwise go waste by linking livestock farmers and meat- leather industry
  • Enhance employment opportunities in rural areas.

Implementing Agency and Area of Operation:

The national bank for the Agriculture and Rural Development (NABARD) will be the implementing agency for component-EDEG in all states and UTS throughout the country

Salient Features:

Entrepreneurship Development and Employment Generation (EDEG) project is designed mainly for the entrepreneurship development and technology infusion wherein the basket of activities which are bankable are placed from which the eligible applicant can choose from.

Eligibility Criteria:

The eligibility criteria for the Entrepreneurship Development and Employment Generation (EDEG) is listed as follows:

  • Farmers
  • Individual entrepreneurs
  • NGOs
  • Companies
  • Cooperatives
  • Groups of the organised and unorganized sector which includes Self-Help Groups (SHGs) and Joint Liability Groups (JLGs).

Pattern of Assistance:

The eligible activities and indicative cost norms are given in the below document:

Sub-component – Poultry Venture Capital Fund (PVCF)-EDEG
S.No. Component Ceiling of Subsidy
I Breeding Farms for Birds of alternate

species like turkey, ducks, Japanese quails guinea fowl and geese.

 At  25  o  level  subsidy-  subsidy ceiling  m 7 5

Lakh Varies depending on the species and unit size.
II Central Grower Units (CGU) — up to i6ooo

‘layer chicks per batch.

 At 5% level subsidy- subsidy ceiling Rs. io lakh

for a unit of i6ooo layer chicks per batch (three batches a year) Minimum unit size — i6ooo layer chicks per batch.
III Hybrid Layer

zoooo layers.

 (chicken) Units — upto At e5% level subsidy- subsidy ceiling Rs. 2 lakh

fOr 2Ooo layer unit — Varies with size. Minimum unit size — zooo layer.
IV Hybrid Broiler (chicken) Units — upto

aoooo birds. Can be weekly, fortnlghtly monthly, all-in all-out batches. Bird strength at any point of time should not exceed 2oooo birds

 At  es%  level  subsidy-  subsidy ceiling  Rs               s*

lakh for a batch of iooo broilers – Varies  with size. Minimum unit size — iooo Broilers.
V Rearing of Poultry like low-input

technology variety of chicken and other alternative species like turkey, ducks Japanese quails, guinea fowl and geese.

 At z5% level subsidy- subsidy ceiling m. s lakh

Varies with the species and unit size.
VI Feed Mixing units (FMU) – i.o ton per

hour. Disease Investigation Lab (DIL)

 At z5% level subsidy- subsidy ceiling in 4 lakh.
VII Transport Vehicles — open cage At 2s % level subsidy- subsidy ceiling Rs. z lakh
VIII Transport Vehicles — Refrigerated At

lakh

 s % level subsidy- subsidy ceiling > 3.75
IX Retail outlets – Dressing units At 2s % level subsidy- subsidy ceiling Rs. 2 5

lakh
X Retail outlets — marketing units At °s

lakh

 level subsidy- subsidy ceiling m 3 75
XI Mobile marketing units At 25% level subsidy- subsidy ceiling Rs. z.5 lakh
XII Cold storage for poultry products At °5% level subsidy- subsidy ceiling Rs. 5 lakh
XIII Egg / Broiler Carts At 5% level subsidy- subsidy ceiling in 375 /-
Sub-c omponent – Integrated Development of Sm all Ruminants and Rabbits (IDSRR)-EDEG
I Commercial Units of io ewe / does• i ram

/ buck

 At 2s % level subsidy- subsidy ceiling Rs.

12,5°°/- . Minimum unit size io ewe/does + i ram/buck. (Maximo         4 units.)

 

II Breeding farms with ioo ewe / does + 5

ram / bucks

 At      z5%       level      subsidy-        subsidy       ceiling

Rs.2, 5°, ooo/-. Minimum and Maximum unit size ioo ewe/does + 5 ram / bucks.
III Commercial rabbit -Angora units with s

females + s males

 At       s % level subsidy- subsidy ceiling Rs.

7s.         /-. Minimum and Maximum unit size ›s females + 5 males.
IV Rabbit – Angora breeding Farms with 5

females • s males

 At 2s % level subsidy- subsidy ceiling Rs.

zs,ooo/- Minimum and Maximum unit size i5 females • s males.
Sub-co mponent – Pig Development-EDEG
I Commercial rearing units (3 SOws             i

Boar)

 At s% level subsidy- subsidy ceiling Rs.

•  s ,OOCt /-  Minimu m unit size 3 S        S + i Boar.

(Maximum 4 units.)
II Pig Breeding Farms (20 SowS + 4 Boars) At >5% level subsidy – subsidy ceiling Rs.

2,Oo,ooo/-. Minimum and Maximum unit size no sows • 4 Boars.
III Retail Pork Outlets with facility for

chilling

 At 2s% level subsidy – subsidy ceiling Rs.

3,      .         /-
Sub-co mponent – Salvaging of Male Buffalo Calves-EDEG
I Mini Units: Rearing of male

Buffalo calves upto s calves.

 At 2s% level subsidy – subsidy ceiling Rs.

6, s o/- per calf. It would be implemented by the NABARD. The beneficiary will hav’e to avail bank loan to a tune of minimum s % of project cost minus subsidy and prescribed beneficiaries share.
II Commercial Units: Rearing of male

Buffalo calves, more than 2s calves upto 2oo calves at one location.

 At 2s % level subsidy – subsidy ceiling Rs.

›,5O,ooo/- per 2s calves (at the rate of Rs.6,ooo/- per calf). lt would be implemented by the NABARD. The beneficiary will have to avail bank loan to a tune of minimum s % of project cost minus subsidy and prescribed beneficiary share.
III Industrial Rearing Units: more than 2oo

calves upto 2000 Buffalo calves at one location.

 At 25% level subsidy – subsidy ceiling Rs.

6, s ,ooo/- per too calves (at the rate of

m 3,*>5/- per calf). It would be implemented by the APEDA and subsidy would be channelized through NABARD. The beneficiary will have to avail bank loan to a tune of minimum 5o% of project cost minus subsidy and prescribed beneficiary share.
Sub-Co mponent – Effective Animal Waste Ma nagement
I Building At 2SOo level Subsidy — subsidy ceiling Rs.

z5lakhs.
11 Plant and Machinery At 2s% level Subsidy — subsidy ceiling Rs.

2s lakhs.
III Utility Equipments At 2s % level Subsidy — subsidy ceiling Rs.

i5lakhs.
IV Pre-operative expenses At es % level Subsidy — subsidy ceiling Rs.

5lakhs
V Working capital margin At 2s % level Subsidy — subsidy ceiling Rs.

s akhs
Sub-Component — Construction of Storage Facility for Feed and Fodder.
I Storage Structure for Feed / Fodder

(Min iooo ACU)

 At 2s % level Subsidy — subsidy ceiling Rs.

i2slakhs
II Equipment for handling Feed // Fodder At 5% level Subsidy — subsidy ceiling Rs.

25lakhs
Category Back ended subsidy Credit Beneficiary Share / Margin

Money
BPL / SC / ST 33-33% 56.67% IOO
APL 25% 6s% 1O%

 

Proportion of Subsidy for various areas and various categories of beneficiaries. NORMAL AREAS:-

NORTH EAST REGION                    HILL AREAS / LWE AFFECTED DISTRICTS:-

Category Back ended Subsidy Credit Beneficiary Share / Margin Money
BPL / SC / ST so% 4 ° 1 O O/0
APL 35%

DIFFICULT AREAS:-

Category Back ended Subsidy Credit Beneficiary Share / Margin Money
BPL / SC / ST 6o% 3° % 1O%
APL 4s% 45%

Rate of interest:

The rate of interest on the loan will be as per the RBI guidelines and declared policy of the concerned bank. The concerned bank may charge interest on the entire amount until the subsidy portions are received and from the date of the receipt of the subsidy, interest will be charged only on the effective bank loan portion (Bank loan minus subsidy).

Time Limit for Completion of Project:

The time limit for completion of the project will be as envisaged under the project, subject to the maximum period of 12 months from the date of disbursement of the first instalment of the loan. The maximum period may be extended by three months by the financing bank in cases where justification provided by the applicant is found adequate.

Security Details:

  • Security for availing the loan will be as per the guidelines issued by the RBI from time to time.
  • The beneficiary contribution of 10% will not be required for loans than Rs.1 lakh or any amount as specified in the RBI guidelines as revised from time to time.
  • Kisan Credit Cards (KCC) can be used for availing loans under the scheme.

Repayment Period:

Repayment period or grace period for the different activities will be as follows:

Sl.No EDEG Component  Repayment Period  Grace Period
1 Poultry Venture Capital Fund  5 to 9 years six months to 1 year
2 Integrated Development of Small Ruminants and Rabbit Up to a maximum of nine months  Two Year
3 Pig Development 5 to 6 years One year
4 Salvaging of Male Buffalo Calves 4 to 6 years One year