The department of Animal Husbandry, dairying and fisheries is implemeting Dairy Enterpreneurship Development Scheme (DEDS) for generating self-employment opportunities in the dairy sector, covering activities such as enhancement of milk production, procurement, preservation, transportation, processing and marketing of milk by providing back ended capital subsidy for bankable projects. The scheme is being implemented by National Bank for Agriculture and Rural Development (NABARD).
The scheme seeks to extend assistance for setting up small dairy farms and other components to bring structural changes in the dairy sector. Assistance under the scheme is extended in the form of Interest Free Loan (IFL) to individuals, SHGs, NGOs, Cooperatives, companies for selected components.
The entrepreneurs shall apply to their banks for sanction of the project. The bank shallappraise the project as per their norms and if found eligible, sanction the total outlay excluding the margin, as the bank loan. The loan amount is then disbursed in suitable instalments depending on the progress of the unit.
The Department of Animal Husbandry, Dairying and Fisheries (DAHD&F), Ministry of Agriculture, Government of India, is the focal department for operating the scheme. The sanction and release of subsidy is subject to availability of funds and adherence of theinstructions issued by DAHD&F, GoI and NABARD from time to time.
For more details about the scheme, click here