Cabinet Approves Rs 4558 crore Scheme for Dairy Sector


Date & Time: 2020-02-20 12:47:32

Information and Broadcasting Minister, Prakash Javadekar said that Cabinet has approved a Rs 4,558 crore scheme to promote dairy sector that will further benefit around 95 lakh farmers in 50,000 villages. Briefing media about the Cabinet decisions, the minister said this scheme will take the ‘White revolution’ to the next level. Besides this, the Cabinet has decided to increase interest subvention from 2% to 2.5% under the scheme - Dairy Processing & Infrastructure Development Fund or DIDF with the revised outlay of Rs 11,184 crore. Javadekar said that both the decisions will be beneficial for the farming community. The activities that come under the DIDF are modernizations of new milk processing facilities & manufacturing facilities for value-added products, electronic adulteration testing kit, chilling infrastructure and project management & learning.