Poultry Farming Scheme (HSFDC)

Poultry Farming Scheme (HSFDC)

The Poultry Farming Scheme aims to empower individuals from Below Poverty Line (BPL) families in Haryana by providing them with financial assistance to engage in poultry farming. This initiative not only fosters self-employment but also enhances income-generating opportunities for beneficiaries in both rural and urban regions.

Overview of the Scheme

This scheme is executed by the Haryana Scheduled Castes Finance and Development Corporation (HSFDC), which operates in conjunction with various banking institutions. Established under the Companies Act of 1956 on January 2, 1971, HSFDC is a state-owned entity, with the Haryana Government holding a 51% stake and the Government of India owning the remaining 49%.

The Poultry Farming Scheme is specifically designed to support individuals whose annual family income does not surpass ₹1,80,000, targeting those from BPL families. It offers a considerable subsidy of 50% on the total project cost, capped at ₹10,000, to facilitate the establishment of poultry farming as a viable self-employment option.

Benefits of the Scheme

• Project Cost Ceiling: Financial assistance is available for projects costing up to ₹1,50,000.
• Subsidy: A subsidy amounting to 50% of the project cost is provided, with a maximum limit of ₹10,000.
• Bank Loan: Beyond the subsidy and margin money, banks will extend a composite loan to cover the total project cost on behalf of beneficiaries.

Interest Criteria for Loans

Loan Repayment Schedule

• Interest Begins: Same Day
• Penalty Initiates After: 180 Days
• Principal Recovery Commences After: 360 Days
• Installments Start After: 180 Days
• Installment Duration: 180 Days

Eligibility Criteria

To qualify for the Poultry Farming Scheme, applicants must meet the following requirements:

• The applicant must be a resident of Haryana.
• The applicant should belong to the Scheduled Caste category.
• The applicant must be from a Below Poverty Line (BPL) family.
• The annual family income should not exceed ₹1,80,000 in both urban and rural settings.
• The applicant’s name must be included in the BPL Survey List.

Verification of the applicant’s eligibility is conducted by field staff prior to forwarding the application to the bank for approval.

Application Procedure

Online Application

To apply online for the Poultry Farming Scheme, follow these steps:

1. Visit the official website of the Haryana Scheduled Castes Finance and Development Corporation and select the scheme listed under ‘Bank Tie-up Scheme.’
2. Click on “Apply for Loan” to initiate your application process.
3. Provide your details, including name, Aadhaar number, email address, mobile number, and captcha code, then click “Register.”
4. Enter the OTP sent to your mobile and hit “Submit.”
5. The application form will now be accessible.
6. Complete your details and upload the necessary documents.
7. Click “Submit” to finalize your application; you will receive a user ID and password upon completion.

Login to Apply

1. Return to the official website and click on the ‘Login’ option on the homepage.
2. Input your user ID or username, password, and captcha code.
3. Click “Login” to access your dashboard.
4. Select “Edit Profile” to update your information and upload required documents.
5. Click “Final Submit” to complete the process.
6. You may print your application for future reference.

Offline Application

The HSFDC also facilitates the collection and submission of loan applications at credit camps, Open Darbars, and various events organized under the supervision of Deputy Commissioners or Additional Deputy Commissioners.

To explore more about this scheme, visit the official source: myScheme.gov.in.