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All information about Dairy Venture Development Plan.|Dairy Entrepreneurship Development Scheme

All information about Dairy Venture Development Plan.
All information about Dairy Venture Development Plan.|Dairy Entrepreneurship Development Scheme
Dairy Entrepreneurship Development Scheme
  1. Background
  2. Objectives of the Scheme
  3. Pattern of assistance
  4. Implementing Agencies
  5. Target group/beneficiaries
  6. Components and pattern of assistance provided under this scheme
Background

Dairy/Poultry Venture Capital Fund scheme was started in December 2004 with an outlay of Rs. 25 Crore. This scheme has been fragmented into two separate scheme viz. Dairy Venture Capital Fund & Poultry Venture Capital Fund from the financial year 2008-09.

During June 2010, the Dairy Venture Capital Fund scheme was revamped to Dairy Entrepreneurship Development Scheme to make it more effective through wider coverage, enhanced component-wise outlays and by including new components for assistance under the scheme. The new modified scheme DEDS was started from 01.09.2010.

Objectives of the Scheme
  1. Generate self-employment and provide infrastructure for dairy sector
  2. Setting up modern dairy farms for production of clean milk
  3. Encourage heifer calf rearing for conservation and development of good breeding stock
  4. Bring structural changes in unorganized sector so that initial processing of milk can be taken up at village level.
  5. Upgradation of traditional technology to handle milk on commercial scale
  6. Provide value addition to milk through processing and production of milk products.
Pattern of assistance
  • Entrepreneur contribution (Margin) for loans beyond 1.6 lakh -10% of the outlay (Minimum)
  • Back ended capital subsidy –25% of the project cost for General category and 33.33% for SC/ST farmers
  • Effective Bank Loan - Balance portion
Implementing Agencies

National Bank for Agriculture & Rural Development (NABARD) will be the Nodal Agency for implementation of the scheme. Commercial Banks, Co-operative Banks and Regional Rural and urban Banks, State Cooperative Agriculture and Rural Development bank and such other institutions which are eligible for refinance from NABARD will implement the scheme. The scheme is open to organized as well as unorganized sector.

Target group/beneficiaries

Eligible beneficiaries of the scheme are
  • Farmers, individual entrepreneurs and groups of unorganized and organized sector. Group of organized sector, includes self-help groups, dairy cooperative societies, Milk unions, milk federation, Panchayati Raj institutions, etc.
  • An applicant will be eligible to avail assistance for all components under the scheme but only once for each component.
  • More than one member of a family can be assisted under the scheme provided they set up separate units with separate infrastructure at different locations. The distance between the boundaries of two such farms should be at least 500 m.
  • Priority to be given to project being implemented in cluster mode covering dairy farmers/women in SHGs/Cooperatives/Producer companies
  • Priority to be givent to SC/ST/women/landless/small and margina/BPL farmers and also farmers in drought areas.
Promoting modern dairy farms to produce clean milk.

Promoting a good amount of calf or calf rearing and conservation.
Integrate early milk production at village level by bringing structural improvement in unorganized sector.

The Dairy Enterprise Development Scheme is a Government of India sponsored scheme that provides financial assistance to a dairy or its related trader or an organized or unorganized group. The scheme was implemented on 1st September 2010.

To take care of milk in a commercial way by improving quality and traditional techniques, to create employment opportunities and to provide infrastructural facilities in the unorganized sector.

The activity covered and the proposed cost of setting up the unit:

Small Dairy Farm: Hybrid Cows, Indigenous Species and High Breeds (Up to 10 Animals) Rs. 5 Lakh

Worm manure (with milch animals) Rs

Calf calf rearing up to -20 calves - Rs. 4.80 lakhs

Milking Machine / Milk Testing / Quantity Closed Milk Cooler (capacity up to 2000 liters) Rs. 18 lakhs

For production unit of local milk products - up to Rs. 12 lakhs

Facilitation of transport of milk products and construction of cooling chain - Rs. 24 lakhs

For cold storage for milk / milk products - Rs. 30 lakhs

For private veterinary dispensary - Rs 2.4 lakh - Rs 1.80 lakh for mobile unit - fixed unit

Dairy Parlor-Rs 56000

Eligibility for loan::

Any farmer, individual entrepreneurs, NGOs, companies, organized or unorganized group

Plan funding / investment method

Individual Entrepreneur Contribution: At least 10% of total investment

Apply online fron ikhedut official site.

Post-Repayment Subsidy: 25% for General Category Beneficiaries and 33.33% for SC / ST Beneficiaries in Total Capital Investment Maximum

For cold storage of milk / milk products - Rs. 30 lakhs

Bank's stake: Balanced stake - at least 40%

Implementing Institutions: Department of Animal Husbandry, Dairy Industry and Fisheries, Government of India is at the center of this scheme. NABARD implements this scheme through commercial banks, co-operative banks, SLDBs and local village banks.

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