INDIAN STATE SUBSIDISES BROILER REARING
May 1st, 2013
government of Uttar Pradesh state in India has introduced an ambitious scheme to incentivise the rearing of millions of broiler chickens. Implemented 15 May, it offers a subsidy worth 10% of interest payments incurred by new farms of at least 10,000 parent units of broiler chicken and with at least 70% bank financing. The maximum subsidy is USD 830,000.New farms are also entitled to rebates: on stamp duty on the purchase of land; on a market fee known as mandi shulk; and on development cess (tax). Some rebates are for the first five years of operation. Feed for ...
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