Want a loan to buy milch animals. What subsidy is available through NABARD for dairy?
What is the dairy loan and subsidy from NABARD?
RRavindra Tomar9mo ago · 301 views
3 Answers
🌾Farmer.in Krishi TeamExpert ✓9mo ago
NABARD has historically supported dairy through the Dairy Entrepreneurship Development Scheme (DEDS), which gave a back-ended capital subsidy of 25 percent of project cost for the general category and 33.33 percent for SC/ST, for components like small dairy units, calf rearing, milking machines and cold storage. Note that DEDS funding has been intermittent, so check whether it is currently open. For larger projects, the Animal Husbandry Infrastructure Development Fund (AHIDF) provides loans with interest subvention. You can also get a dairy term loan from your bank, and NLM supports breed improvement. Apply through your financing bank, which forwards the subsidy claim to NABARD. Always confirm the active scheme, current subsidy rate and ceilings with NABARD or your bank before applying.
PPooja Sharma8mo ago
My bank told me DEDS subsidy was not open when I applied, so I took a normal dairy loan plus Kisan Credit Card for working capital. Ask your bank what is active right now before making a DPR.
SSatyaveer Singh8mo ago
A clean credit history and a CIBIL score helped my loan move quickly. The bank checks repayment record before sanctioning. Clear any old dues first, it saves weeks of back and forth at the branch.