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news details
Nabard launches dairy entrepreneurship development scheme
10/1/2010 9:07:27 PM

Early Times Report
Jammu, Oct 1: Nabard launched ‘Dairy Entrepreneurship Development Scheme’ sponsored by government of India in place of Venture Capital Fund Scheme for Dairy Development in the state. Under this scheme, a unit of 2 to 10 dairy animals can be established by the farmers with the support of loan from banks and subsidy from NABARD. Under the scheme small dairy units with cross bred cows, indigenous descript/ milk cows like Sahiwai, Red Sindhi, Gir, Rathi etc/ Graded Buffaloes for two to 10 animals can be set up. NABARD will provide back ended capital subsidy @ 25% of the outlay for general, farmers and 33.33% for SC/ST farmers for two animal unit while for 10 animal unit subsidy @ 25% for general farmers and 33.33% for SC/ST farmers subject to a ceiling of Rs. 1.25 lakh for general farmers and Rs. 1.67% lakh for SC/ST farmers. Under this scheme all banks in the state can provide loan for establishment of dairy units. Besides subsidy will also be provided @ 25% of the outlay for general farmers and 33.33% for SC/ST farmers for rearing of heifer calves-cross bred upto 20 calves. Purchase of milking machine/ milkotesters/ bulkmilk cooling units, purchase of dairy processing equipments for manufacture of milk products, establishment of dairy products establishment of dairy products transportation and cold chain, cold storage facilities for milk and milk products, establishment of private veterinary clinics etc. Farmers in the state can take the benefit of scheme for increasing the milk production and milk products and for their economic development.

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