As the first step in making an AtmaNirbhar Meghalaya in pork production, the country’s one of the largest Piggery Mission is officially rolled out in Meghalaya.
This mission aims to improve the incomes of our Farmers. The 1st batch of loans of 15.10 Cr sanctioned to 85 Cooperative Societies.
Addressing the gathering through video conferencing, Chief Minister Conrad Sangma said, there is a lot of revenue going outside the state in purchasing pigs, as he encouraged the individuals, co-operatives societies, and the community to come forward and avail the scheme of the Meghalaya Piggery Mission and thereby help in enhancing the economic condition of the people.
Repayment of the loan is over 8 years to ensure profitability for all our beneficiaries. Over 25,000 farmers will benefit through the Mission.
Chief Minister, Conrad K Sangma, lauded and congratulated the efforts of all stakeholders in making the Meghalaya Piggery Mission a reality. He stated that this project is very important and the government had been working on it for a year and a half.
Calling it a historic moment for the cooperative sector, Deputy Chief Minister, Prestone Tynsong expressed hope that the financial assistance distributed today will serve as working capital for the beneficiaries.
“For the first time in the history that the members of the corporate societies in the state of Meghalaya the first time in your career you receive this cheque, it is meant as working capital to all of you,” Tynsong said.
All loans under the Piggery Mission are interest-free (0% interest loans) routed through MACB.
“The beneficiaries who avail the loan need not worry about the interest component but the government has given you the working capital and within eight years please pay- back the working capital,” The Deputy Chief Minister said while clarifying further about the loan.
Further, stating that the pandemic has taught people a new experience, the cabinet minister said, “During 10-11 months we experience the situation where people from the rural area are scared to coming to urban and people from urban area wanted to go to the rural area, this pandemic has given us enough experiences where ultimately our livelihood is in the rural area.”
He also encouraged people to improve delivery systems up to the grassroots level.
Later, the Deputy Chief Minister handed over the cheques to the beneficiaries from all 11 districts of the state.