Question : SUBSIDIARY COMPANIES UNDER NDDB



(a) the names and dates of incorporation of all the subsidiary companies promoted by the National Dairy Development Board (NDDB);

(b) the amounts invested in each of these companies;

(c) whether the Government has granted permission to said companies to make joint venture with cooperatives; and

(d) if so, the details thereof?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE (SHRI HUKUMDEO NARAYAN YADAV)

(a): The names and dates of incorporation of all the subsidiary companies promoted by the National Dairy Development Board (NDDB) as under:-

SL.NO.	NAME OF SUBSIDIARY	DATE OF INCORPORATION
1 Indian Dairy Machinery Company (IDMC) September, 1992 2 Indian Immunologicals Limited (IIL) October, 1999 3 Mother Dairy Fruit & Vegetable Ltd. (MDFVL) March, 2000 4 Dhara Vegetable Oil & Foods Company Ltd. (DOFCO) December, 2000


(b): Details of funds released to these companies:-

(I) As units of NDDB before incorporation
(Rs. in crore)
Subsidiary As units of NDDB
Fixed Asset Loan Grant Total
IDMC 3.96 2.69 0.00 6.65 IIL 9.74 11.44 0.00 21.18 MDFVL 55.92 273.02 0.00 328.94 DOFCO 25.87 98.88 30.00 154.75 TOTAL 95.49 386.03 30.00 511.52
As companies of NDDB on date of incorporation:
Subsidiary As subsidiaries of NDDB on date of incorporation
Equity Loan Grant Total
IDMC 1.50 5.15 0.00 6.65 IIL 9.00 12.18 0.00 21.18 MDFVL 75.00 253.94 0.00 328.94 DOFCO 50.00 94.75 30.00 174.75 TOTAL 135.50 366.02 30.00 531.52


(c) & (d): According to the provisions of the NDDB Act, approval of the Central Government is required if NDDB considers it necessary to form one or more companies either.
I)	By Self	II)	Or in conjunction with any of its subsidiaries


Since the Joint Venture with the cooperatives is being formed not by NDDB but Mother Dairy Foods Limited, a subsidiary of Mother Dairy Fruits & Vegetables Ltd. Government permission is not required.

For the four companies that NDDB has formed government permission has been taken.