Dairy Entrepreneurship Development financial support


Ministry

Ministry of agriculture

Description

This scheme is centrally sponsored scheme by the Government of India to provide financial support to entrepreneurs to start a dairy and allied business. This scheme has come into effect from 1st September 2010.

Sponsored By

Central Government of India

Objective

The main objectives of this scheme are as below:

  • To provide financial support for starting dairy and allied businesses to generate rural self-employment and provide infrastructure
  • To promote setting up of modern dairy farms for the production of clean milk
  • To encourage heifer calf rearing, thereby conserving good breeding stock
  • To bring structural changes in unorganised sector so that initial processing of milk can be taken up at the village level itself
  • To bring about up gradation of quality and traditional technology to handle milk on a commercial scale
  • To generate self-employment and provide infrastructure for unorganised sector

Eligibility

Any farmers, individual entrepreneurs, NGOs, companies, groups of unorganised and organised sectors, etc. are eligible to avail the benefits under this scheme.

Beneficiaries

All farmers

Benefits

The benefits of this scheme are summarised as below:

  1. Entrepreneur’s contribution: minimum 10% of total outlay
  2. Back ended capital subsidy: 25% (33.33% for SC/ST beneficiaries) of total outlay, subject to a ceiling
  3. Cold storage for milk/milk products: Rs.30 lakh
  4. Bank’s share: Balance portion - minimum 40%.

How To Apply

A Udyami Helpline: Dial 1800-180-6763 [Toll Free Number] for queries relating to this Schemes.

Contact to

To commercial banks, state cooperative banks, SLDBs,
regional rural banks and other agencies eligible for refinance from NABARD.

01-September-2010

Status

Active

Sector

Agricultural



Share this article :

Facebook Twitter Google

See Also




     Comments:


vishal hule is the author of www.newincept.com

Authored By Vishal Hule

Vishal Hule is the founder of www.newincept.com. He is from Pune. Vishal Hule is Software Engineer by profession and political enthusiast too.
His blog, www.newincept.com receives 2,50,000 to 2,70,000 Pageviews/month.