PM Modi's NLM Scheme: Get Rs 50 Lakh Free for Livestock Rearing
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NLM Scheme: Rs. 50 Lakh Subsidy for Donkey Rearing! Boost Your Business & Create Jobs
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News18•05-03-2026, 13:24
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.