Identity

A legacy central government financial assistance program that utilized an indirect, back-ended credit-linked subsidy model for poultry ventures, primarily refinanced by commercial lenders.

Overview

Originally established in 2014-15 under the Entrepreneurship Development and Employment Generation (EDEG) component, the NABARD PVCF Scheme offered a 25% back-ended capital subsidy to support capital expenditures (CapEx) for poultry startups. As of October 2020, its activities were fully subsumed and realigned into the modern National Livestock Mission's direct benefit transfer model.

Structured Facts

Classification

Financial Assistance & Subsidies

Purpose

To incentivize poultry startups and infrastructure development through back-ended capital subsidies via commercial banks.

Scope & Applicability

Supported 13 distinct poultry production and processing activities under historical guidelines.

Regulatory Requirements

Required decentralized bank nominations and local banking channel appraisals for capital financing.

Compliance Criteria

Projects had to secure commercial lending, which was then refinanced by NABARD to deliver the back-ended subsidy.

Monitoring & Inspection

Oversight was historically managed via NABARD's local banking channels, now shifted to State Implementing Agencies (SIAs).

Documentation & Record Keeping

Transitioned from decentralized bank nominations to centralized portals (nlm.udyamimitra.in).

Penalties / Non-Compliance

Transition failures or non-compliance led to exclusion from the current direct benefit transfer (DBT) funding pipelines.

Quantitative Data

• Maximum Permissible Limits: 25% back-ended credit-linked subsidy.
• Unit: Percentage (%)

Relationships

• Government Schemes: National Livestock Mission (NLM)
• Regulatory Authorities: National Bank for Agriculture and Rural Development (NABARD), DAHD