Question : Dairy Processing and Infrastructure Development Fund

a) whether it is true that the Government has launched a fund titled Dairy Processing and Infrastructure Development Fund;
b) if so, the details thereof;
c) whether the said fund would provide soft loans for modernising and raising the capacity of dairy cooperatives; and
d) if so, the details thereof?

Answer given by the minister

ANSWER
MINISTER OF STATE FOR FISHERIES, ANIMAL HUSBANDRY AND DAIRYING
(DR. SANJEEV KUMAR BALYAN)
(a) Yes, Department of Animal Husbandry and Dairying (DAHD), Govt. Of India has launched Dairy Processing and Infrastructure Development Fund on 21-12-2017 with a scheme outlay of Rs.10881 crore for implementation during 2017-18 to 2019-20.
(b) The details of the scheme are given at Annexure.
(c) Under Dairy Processing and Infrastructure Development Fund, there is a provision for setting up of a corpus Rs.8004 crore with National Bank for Agriculture and Rural Development (NABARD) to provide loans to modernize milk processing capacity, value added product processing facilities and raise the capacity of eligible Dairy Cooperatives as per the norms of the scheme.
(d) The details of the components along with their outlays are given at Annexure.

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