In this piece of writing, we have some important information for Beekeepers and those who want to step in to beekeeping business…!!
In India, Beekeeping is becoming a growing farming business now-a-days, and is also proving to be profitable. Some are doing beekeeping as a part time work, and some are making it a primary source of income. So, here we are sharing some useful information related to commercial beekeeping.
Here is all the information about commercial beekeeping subsidies and loans.
Commercial Beekeeping Subsidy
For the people who are new in the world of beekeeping, government is providing full support. And there are some boards which are providing help for this.
National Honey Bee Board NBB is one of the most supportive board in this field.
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There are many schemes run by National Bee Board which are benefitting beekeepers and they are also providing training to those who are interested to work in this field.
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You can get the benefit of this subsidy with only 5 percent investment from your side.
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You can get all the necessary information about this from the official website, https://nbb.gov.in/.
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Government is also providing the support in marketing of honey, which is one of the most important and difficult stage of beekeeping.
Commercial Beekeeping Loan
IDBI bank is providing loan for commercial beekeeping in India known as Beekeeping Madhu Makshika Palan. This bank is proving loan to the individual farmers and also to the non-farmers. And SHGs, NGOs can also apply for this loan.
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They provide loan for setting up units for production of honey.
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You can get subsidy for this loan from governmental bodies including KVIC, KVIB, DRDA.
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You will have to pay this loan back within 5-7 years. Yu can pay this loan in quarterly or half-yearly instalment.
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IDBI bank is giving 11-month gestation period for this loan.
Just like other businesses, this business is also having some pros and cons. But giving your best can give you best in return.
For more information like this, stay connected…!!
