What is the Full Form of LCP ?

Livestock Compensation Program - The Animals Remuneration Program is a program officially approved by the US Branch of Farming (USDA) in 2002 to repay specific domesticated animals makers for feed and field misfortunes brought about by a cataclysmic event pronounced in 2001 and 2002.Under the program, assessed all out direct installments of simply more than $1 billion were made to all makers of meat, dairy, sheep and goats in any province that was proclaimed a war zone by the Secretary of Horticulture between January 1, 2001, and February 20, 2003, no matter what the singular maker's misfortune experience. The installment rates under the LCP were $31.50 per grown-up dairy steers, $18 per grown-up hamburger cows, $13.50 for specific domesticated animals more than 500 lbs., and $4.50 per sheep or goat. Installments were restricted to $40,000 per individual, and were not made to any individual with qualifying gross income more than $2.5 million.The program was not explicitly approved by Congress however was at first executed by USDA under existing specialists. It was started in light of the fact that financing was not accessible to execute the Domesticated animals Help Program.