Mangalore, January 20: Hemant Bhide, Lead District Chief Manager said that banks provided loans for goat-rearing and there was a subsidy for borrowers too.
Speaking at seminar on stall-fed goat-farming held at the Department of Animal Husbandry in Mangalore on Thursday, he said that, one could buy goats with Rs.50,000.
He also encouraged the farmers to rear goats saying it requires less space, offers quick returns and the animals are easy to maintain.
Prasad Rao, Assistant General Manager, NABARD, said there was a subsidy of 25 per cent from NABARD to borrowers of the two Central schemes (Scheme for Integrated Development of Small Ruminants and Rabbits).
J S Shenoy, Deputy General Manager, SyndicateBank, said that it was possible to earn lakhs and crores of rupees with goat-rearing but one must be ready to put in the required hard work to get that money.
He said that goat-rearing could be a new option at a time when it was difficult to get people with the required skills in agriculture, which was not giving returns and areca was letting people down.
Padmaya Naik, Joint Director, Department of Agriculture, Dakshina Kannada, said borrowers must start cautiously and not opt for a large-scale operation.
M T Manjunath, Deputy Director, Department of Animal Husbandry, Udupi was also present.
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