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/ India News / 2007 / September 2007 / September 13, 2007 Government brings relief for farmers and cattle rearers |
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The Cabinet Committee on Economic Affairs (CCEA) today gave its approval for continuation of the Centrally Sponsored Livestock Insurance Scheme (LIS) during 2007-08 of the 11th Plan with an outlay of 35 crore rupees.
New Delhi, Sep 13 : The Cabinet Committee on Economic Affairs (CCEA) today gave its approval for continuation of the Centrally Sponsored "Livestock Insurance Scheme" (LIS) during 2007-08 of the 11th Plan with an outlay of 35 crore rupees.
The scheme was implemented during 2005-06 and 2006-07 of the 10th Plan.
"The LIS will encourage the farmers and cattle rearers to go for genetically improved and high yielding animals, thus developing and establishing animal husbandry as an industry," said a government release.
"This would ultimately help in achieving qualitative improvement in livestock and their products. Further, there will be improved scope of employment generation through direct engagement as well as through allied activities," it added.
ANI
