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Dairy Farming Scheme – The Prime Minister Animal Husbandry Scheme is a central government scheme. The main objective of the scheme is to promote dairy farming in India and to make it a viable and sustainable livelihood option for small and marginal farmers. The Prime Minister Animal Husbandry Scheme provides financial assistance to eligible farmers for the purchase of dairy cattle, construction of sheds and other infrastructure, and training.
Under the scheme, each eligible farmer will be provided with a subsidy of up to ₹2 lakhs for the purchase of two dairy cows or buffaloes. In addition, a subsidy of ₹1 lakh will be provided for the construction of a shed and other infrastructure, and ₹50,000 for training. The total outlay for the scheme is ₹500 crores.
The scheme is open to all Indian citizens who are small and marginal farmers with less than 2 hectares (5 acres) of landholding. Farmers can apply for the scheme through the online portal of the National Dairy Development Board (NDDB).
Dairy Farming Plan
- Dairy farming is an important part of the agricultural sector in India. According to recent reports, the country has the world’s largest cattle population with 178 million cows and buffaloes.
- In order to increase milk production and improve the livelihoods of smallholder farmers, the National Bank for Agriculture and Rural Development (NABARD) has launched a new scheme called the Dairy Farming Plan.
- Under this scheme, NABARD will provide financial assistance to state governments and dairy cooperatives for the construction of new dairy plants and the upgrading of existing ones. The aim is to help India achieve self-sufficiency in milk production by.
- In addition, NABARD will also set up a ₹5,000 crore Dairy Infrastructure Fund to finance projects such as the construction of milking parlors, storage facilities, and chilling units.
- The scheme is expected to benefit 3 million smallholder farmers and create employment opportunities for 1.5 million people.
Objective of Dairy Farming Scheme
The objective of the Dairy Farming Scheme is to provide financial assistance to eligible dairy farmers for the purchase of dairy animals, setting up of milk processing units, and other associated activities. The scheme will also provide support for the training and capacity building of farmers and other stakeholders.
Dairy Farming Scheme Bank Subsidy
The National Bank for Agriculture and Rural Development (NABARD) has introduced the Dairy Farming Scheme in order to promote the growth of the dairy industry in India. Under Dairy Farming Scheme, NABARD will provide financial assistance to eligible banks for providing subsidy to dairy farmers. The subsidy will be provided for the purchase of milking machines, refrigerators, and other equipment necessary for setting up a dairy farm. In order to avail of the subsidy, interested farmers can submit an online application form on the official website.
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Dairy Farming Scheme
Under the Dairy Farming Scheme, will provide financial assistance of up to ₹2 lakhs per farmer. The assistance will be in the form of a subsidy on the purchase of milch animals, equipment, and other inputs required for setting up a dairy farm. Farmers can also avail of interest-free loans from NABARD for a period of up to 5 years.
To be eligible for the Dairy Farming Scheme, farmers must have a minimum land area of 1 hectare under their ownership or leasehold. They must also have access to water and electricity supply. Farmers can apply for the scheme online through the official website or at any branch of NABARD.
Beneficiaries of Dairy Farming Scheme
Eligible beneficiaries include small and marginal farmers, landless laborers, women farmers, and members of scheduled castes/scheduled tribes. Farmers can avail up to 90% loan amount as subsidy from NABARD. The interest rate on the loan is 4% per annum.
The maximum loan amount under the scheme is ₹3 lakhs. The repayment period is 5 years with a grace period of 1 year. NABARD also provides insurance cover for livestock purchased under the scheme.
Loan Giving Institutions Under Dairy Farming Scheme
Loan giving institutions under Dairy Farming Scheme are as follows:-
- The Rural Development Banking and Finance Corporation (RBFC)
- The National Cooperative Development Corporation (NCDC)
- The Agriculture and Rural Development Bank (ARDB)
Dairy Subsidy Scheme Eligibility
- Be a member of a registered cooperative society or milk producer company
- Have a minimum herd size of 10 cows
- Produce a minimum of 200 liters of milk per day
- Install appropriate milking equipment
- Undergo training at an approved training center
Scheme How to Apply Online
Individuals who are interested in applying for the NABARD Scheme can do so by visiting the official website of the National Bank for Agriculture and Rural Development. On the homepage, they will need to click on the ‘Apply Online’ link which will redirect them to the online application form.
In order to complete the online application form, individuals will need to provide personal details such as their name, contact information, and address. They will also need to upload documents such as their PAN Card, Aadhar Card, and bank account details. Once all the required information has been submitted, individuals can click on the ‘Submit’ button to submit their application.
Dairy Farming Scheme Offline Apply
If you are looking for information on how to apply for the Prime Minister Animal Husbandry Scheme, then this is the section for you. Here we will provide detailed instructions on how to fill out the application form and submit it to the concerned authorities.
The first thing that you need to do is download the application form from the official website of Nabard. Once you have downloaded the form, take a printout of it and fill it out carefully. Make sure that all the required fields are filled in correctly.
Once you have completed filling out the form, attach all the required documents with it and submit it to your nearest Nabard office. You can also submit the form by post or courier.
Helpline Number
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Helpline Number- 022-26539895/96/99 Email Id- webmaster@nabard.org |
Myth Busters
Myth 1: Only big players can avail this scheme
This is not true. The scheme is open to all farmers regardless of the size of their operations.
Myth 2: The subsidy is only for setting up new dairy farms
The subsidy is not just for setting up new dairy farms but also for expanding existing ones.
Myth 3: Only those who have studied animal husbandry can apply for this scheme
This is not a pre-requisite. Any farmer who wishes to set up or expand a dairy farm can apply for the scheme.
Why Vakilsearch?
Vakilsearch is the best choice to know about this scheme because we provide reliable and updated information about the scheme. We also have a team of experts who can guide you through the entire process, from start to finish.
FAQ’s
How do I apply for the Dairy Farming Scheme?
To apply for the Dairy Farming Scheme, you will need to fill out an online application form. The form is available on the official website of NABARD.
What are the eligibility criteria for the scheme?
The eligibility criteria for the Dairy Farming Scheme are as follows: -You should be a resident of India. -You should be a small or marginal farmer with landholding up to 2 hectares. -Your family income should not exceed ₹1 lakh per annum
What is the subsidy amount under this scheme?
Under this scheme, small and marginal farmers will receive a subsidy of ₹6,000 per cow per year for a period of 3 years.
How will the subsidy be released?
The subsidy amount will be released directly into the bank account of the beneficiary farmer through Direct Benefit Transfer (DBT) mode.
What are the other benefits under this scheme?
In addition to financial assistance, beneficiaries will also get free technical support from experts and access to quality breeding stock and feed at subsidised rates.
