Animal Science / FSSAI / IBPS AFO / NABARD NOTES

Dairy Processing and Infrastructure Development Fund

Dairy Processing and Infrastructure Development Fund (DIDF):

launched in December, 2017.
The scheme aims to benefit 95 lakh milk producers in 50000 villages.
This scheme will have total corpus of Rs. 10,881 Crore under which milk cooperatives will be provided financial assistance at the interest rate of 6.5% in the form of financial assistance loan of Rs. 8004 Crore, to be returned over a period of 10 years.
Government of India has also provided the provision of interest subsidy on loan. The budget estimate (BE) under DIDF for the FY 2019-20 is Rs. 60.87 Crore.
Supporting Dairy Cooperatives and Farmer Producer Organizations engaged in dairy activities: The scheme is being implemented by NDDB

Objectives:

To assist the State Dairy Cooperative Federations by providing soft working capital loan to tide over the crisis on account of severely adverse market conditions or natural calamities,
To provide stable market access to the dairy farmers,
To enable State Cooperative Dairy Federations to continue to make timely payment of dues to the farmers,
To enable the cooperatives to procure milk at a remunerative price from the farmers, even during the flush season.
The corpus was created for implementation https://skincarepillsshop.com during 2017-18 to 2019-20. o 2017-18 – No. fund was allocated.
2018-19 – Rs. 3 Cr. o 2019-20 – Rs.100 Cr. (budgetary provision)
Note Union Ministry of Fisheries, Animal Husbandry & Dairying – Shri Giriraj Singh .

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