Kerala New Cattle Insurance Scheme
Kerala has introduced a new cattle insurance scheme to support the state's dairy sector, approved by the central government. The scheme includes initiatives like Arunodayam for heifer improvement and Snehamitram, a life insurance plan for farmers at a nominal premium of ₹10. To address climate change impacts, ₹22 crore is allocated for calf care, with compensation of ₹37,500 for cow deaths. Measures include veterinary ambulances across block panchayats. However, rising fodder costs and climate challenges pose obstacles. These efforts aim to reduce farmer losses, improve milk production, and ensure financial security, marking progress in dairy industry sustainability.
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![Animal Husbandry Infrastructure Development Fund mind map Recent News Continued till 2025-26 Outlay of Rs.29,610.25 crore Approved by Union Cabinet Chaired by Prime Minister Narendra Modi When Extension announced on 1st February 2024 Why To boost animal husbandry sector Enhance livestock infrastructure What/Full Provisions Includes various sub-sectors Dairy processing and product diversification Meat processing and product diversification Animal Feed Plant Breed multiplication farm Animal Waste to Wealth Management Veterinary vaccine and drug production facilities Financial Support 3% interest subvention for 8 years Including 2 years of moratorium Loan up to 90% from banks, NCDC, NABARD, NDDB Credit Guarantee For MSME and Dairy Cooperatives Up to 25% of credit from a Rs.750 crore fund Where Implemented across India Who Beneficiaries Individuals Private Companies Farmer Producer Organizations (FPO) MSME Section 8 companies Dairy Cooperatives Implementing Agency Ministry of Fisheries, Animal Husbandry & Dairying How Impact since inception Added 141.04 LLPD of milk processing capacity 79.24 lakh metric ton of feed processing 9.06 lakh metric ton of meat processing Increase in processing capacity by 2-4% Pros/Significance Employment generation Direct and indirect to 35 lakh people Entrepreneurship development Wealth creation in livestock sector Supports Prime Minister's goal of doubling farmers' income Encourages private sector investment Introduces latest technologies for processing and value addition Cons and/or Challenges [No specific challenges mentioned in the sources] Way Forward Encouraging more private investments Continual infrastructure upgrade Focusing on new activities Technologically assisted breed multiplication farms Strengthening veterinary drugs and vaccine units Management of animal waste to wealth](https://www.iasexpress.net/wp-content/uploads/2024/02/Animal-Husbandry-Infrastructure-Development-Fund-600x300.jpeg)
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