Government to put in 60pc funding in startups dealing with cow dung and urine products
Government might back startups operating on cattle-based business model, with a 60 percent of initial funding, the National Cow Commission told the media. It suggested startups to make commercial use of cow dung and urine, along with other dairy products.“We will encourage youths to go for cow-based entrepreneurship and earn not only from products like milk and ghee, but also by-products like urine and dung that can be used for medicinal and agricultural purposes,” Vallabh Kathiria, Chairman of the commission was quoted in a national daily.
Kathiria has also been in talks with academicians and students regarding strategies that will draw aspiring entrepreneurs towards use of by-products of cow in startups.
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Encouraging more research in the area of medicinal values of these cow by-products, the board plans on providing platform to scholars and researchers for the same.
In September 2018, the Federation of Indian Animal Protection Organisations released a report that showed poor conditions of managing these shelters. According to its investigation in 13 states and two union territories, animal records are not maintained, the sick and healthy ones are not segregated and the cattle are poorly treated.
The recently announced developments are initiated by the ruling government to preserve and protect cows as they are discarded after they are past the age and ability to produce milk.