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.
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.
Eligible beneficiaries of the scheme are
S.NO | Component | Unit Cost | Pattern of Assistance |
1 | Establishment of small dairy units with crossbred cows/ indigenous descript mulch cows like Sahiwar, Red Sindhi, Gir, Rathi etc /graded buffaloes upto 10 animals. ( for SHGs, Cooperatives societies , Producer Companies unit size will be 2-10 animals per member) |
Rs 7.00 lakh for 10 animal unit — minimum unit size is 2 animals with an upper limit of 10 animals. | 25% of the project cost (33.33% for SC / ST farmers), as back ended capital subsidy. Subsidy shall be restricted on prorata basis to a.maximum of 10 animals subject to a ceiling of Rs.17,500 per animal, (Rs 23,300 for SC/ST farmers) or actual whichever is lower. Beneficiaries may purchase animals of higher costs, however, the subsidy will be restricted to the above ceilings. |
2 | Rearing of heifer calves — cross bred, indigenous descript milch breeds of cattle and of graded buffaloes — upto 20 calves | Rs 9.70 lakh for 20 calf unit — with an upper limit of 20 calves |
25% of the project cost (33.33 % for SC / ST farmers) as back ended capital subsidy Subsidy shall be restricted on prorata basis to a maximum of 20 calf unit subject to a ceiling of Rs.12,100/- per calf (Rs. 16,200 for SC/ST farmers) or actual whichever is lower |
3 | Vermi compost with milch animal unit ( to be considered with milch animals/small dairy farm and not separately | Rs 25,200/- | 25% of the project cost (33.33 % for SC / ST farmers) as back ended capital subsidy subject to a ceiling of Rs 6,300 (Rs 8400/- for SC/ST farmers) or actual whichever is lower. |
4 | Purchase of milking machines /milkotesters/bulk milk cooling units (upto 5000 lit capacity) |
Rs 20 lakh | 25% of the project cost (33.33 % for SC / ST farmers) as back ended capital subsidy subject to a ceiling of Rs 5.0 lakh (Rs 6.67 lakh for SC / ST farmers) or actual whichever is lower |
5 | Purchase of dairy processing equipment-for manufacture of indigenous milk products |
Rs 13.20 lakh | 25% of the project cost (36.33 %for SC/ST farmers) as back ended capital subsidy subject to a ceiling of Rs 3.30 lakh (Rs 4.40 lakh for SC/ST farmers) or actual whichever is lower |
6 | Establishment of dairy product transportation facilities and cold chain |
Rs 26.50 lakh | 25% of the project cost (33.33 % for SC / ST farmers) as back ended capita! Subsidy subject to a ceiling of Rs 6.625 lakh (Rs 8.830 lakh for SC/ST -farmers) or actual whichever is lower |
7 | Cold storage facilities for milk and milk products |
Rs 33 lakh | 25% of the project cost (33.33 % for SC / ST farmers) as back ended capital subsidy subject to a ceiling of Rs 8.25 lakh (Rs 11.0 lakh for SC/ST farmers) or actual whichever is lower |
8 | Establishment of private veterinary clinics | Rs 2.60 lakh or mobile clinic and Rs 2.0 lakh for stationary clinic | 25% of the project cost (33.33 % for SC / ST farmers) as back ended capital subsidy subject to a ceiling of Rs 65,000/- and Rs 50,000/- (Rs 86,600/- and Rs 66,600/- for SC/ST farmers) respectively for mobile and stationary clinics or actual whichever is lower |
9 | Dairy marketing outlet / Dairy parlour | Rs 3.0 lakh/- | 25% of the project cost (33.33% for SC / ST farmers) as back ended capital subsidy subject to a ceiling of Rs 75,000/-(Rs 1,00,000- for SC/ST farmers) or actual whichever is lower |
Note:- The subsidy amount will be rounded off to the nearest 100 Rupees Beneficiaries may submit project proposals without any limit. However, the back ended capital subsidy under the scheme will be restricted to the above ceilings, The Banks will verify the costs of components admissible under the scheme based on the cost norms notified by NABARD. |
For complete guidelines, click here.
Source: NABARD
Last Modified : 6/22/2020
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