NLM Scheme: Rs. 50 Lakh Subsidy for Donkey Rearing! Boost Your Business & Create Jobs

• Central government's National Livestock Mission (NLM) offers an Entrepreneurship Development Program (EDP) with up to Rs. 50 lakh subsidy for rearing donkeys, horses, and camels.
• The scheme primarily targets increasing the donkey population due to high global demand for donkey milk in medicines and cosmetic products, creating employment opportunities.
• The Rs. 50 lakh is a 50% subsidy on the total project cost, provided alongside a bank loan, released in two installments after verification.
• Eligibility requires applicants to be over 18, own/lease land, have a Detailed Project Report (DPR), and possess experience or training in indigenous donkey breeding.
• Apply online at nlm.udyamimitra.in; successful ventures can yield annual profits of Rs. 10-25 lakh, with NLM livestock insurance available to mitigate risks.