GANGTOK ecember 22, 2011
NABARD conducted District Level Awareness Programme on Dairy Entrepreneurship, Development Schemes (DEDS) for bankers, farmer clubs, NGOs and other agencies at Namchi, South Sikkim on December 23, 2011.
The Chief Guest of the Programmer DK Pradhan, Joint Director, Veterinary Services Department, said that the borrowers should build their confidence with their banks by ensuring timely repayment of their loan so that the bank may extend loan without any problem on time.
Similarly, Om Prakash, Assistant General, NABARD said the objective of the dairy Entrepreneurship Development Scheme is to promote setting up of modern dairy Farms for production of clean milk, to encourage heifer calf rearing thereby and conserve good breeding stock and to bring structural changes in the unorganised sector so that initial processing of milk can be taken up at the village level itself. He said the programme is also aimed at bringing about upgradation of quality and traditional technology to handle milk on a commercial scale and to generate self-employment and provide infrastructure mainly for unorganised sector.
Farmers, individual entrepreneurs, NGOs, Companies, groups of unorganised and organised sector, Dairy Cooperative Societies, Milk Unions, Milk Federations etc are eligible under the scheme. An individual will be eligible to avail assistance for all the 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 metres.
DDM J.C. Biswas while explaining on power point presentation in details about various schemes under Dairy Entrepreneurship Development Scheme said that back ended capital subsidy is available on the schemes of Small dairy units, rearing of heifer calves (cross breed, indigenous descript milch breed of cattle and buffaloes), Vermicompost with milch animal unit, purchase of milking machines/bulk milk cooling unit, purchase of dairy processing equipments for manufacture of indigenous milk product, establishment of dairy product transportation facilities and cold chain, cold storage facilities for milk and milk products. Under the scheme subsidy at the rate of 25% (33.33% SC/ST beneficiaries) of the capital cost of the project subject to upper ceiling of Rs 10.00 lakh is available. Department of Animal Husbandry, Dairying and Fisheries (DAHD&F), Ministry of Agriculture, Government of India is the nodal agency to operate the scheme. NABARD will be administering the subsidy and monitoring the progress of the scheme.
The participating bank will adhere to the norms of appraising the projects regarding technical feasibility and commercial/financial viability and the participating bank should ensure insurance of the assets created under the project, wherever required.
The repayment period will depend on the nature of activity and cash flow and will vary between 3 – 7 years, grace period may range 3 – 6 months in case of dairy farms two years for calf rearing units (to be decided by the financing bank as per needs of individual projects) and recovery of loan will be based on net loan amount only, i.e. not including subsidy, which will be adjusted by the concerned bank after effective bank loan and interest thereon has been repaid. The repayment schedules will be drawn on the total amount of the loan (including subsidy) in such a way that the subsidy amount is adjusted after liquidation of net bank loan (excluding subsidy).