J&K Poultry Interest Incentive

Under the J&K Poultry Policy 2020, interest incentives on working capital are available to commercial layer and broiler farms that keep more than 10,000 birds and carry out significant expansion at any location within Jammu and Kashmir.

Working capital credit extended by scheduled commercial banks, financial institutions and comparable lenders carries an incentive of 3%. This benefit applies for the first five years, counted from the date commercial production begins.

Poultry farming is a feed-cost driven activity with a short cycle that consumes cash heavily — birds require weeks of feeding before any revenue is generated. A five-year offset on working capital interest therefore improves margins directly, unlike a single lump-sum grant.

1. Register the poultry unit under the J&K Poultry Policy 2020 and log the substantial expansion. 2. Obtain working capital credit sanctioned by a scheduled commercial bank or financial institution. 3. Note the date commercial production commenced — the five-year window is counted from this date. 4. Submit interest incentive claims at the prescribed intervals, attaching the sanction letter and interest debit statements. 5. The department carries out verification and credits the 3% incentive.

There is no competitive selection involved. Verification is carried out by checking the claim against the interest debits raised by the lender, the capacity of the farm, and the five-year period beginning from the start of commercial production.