Rs 3.8 cr loans sanctioned to develop 72 dairy units in Nawanshahr | punjab | Hindustan Times
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Rs 3.8 cr loans sanctioned to develop 72 dairy units in Nawanshahr

punjab Updated: Mar 10, 2015 22:01 IST
HT Correspondent

With a view to boosting dairy farming in the district, subsidised loans amounting to rs 3.8 crore have been disbursed for setting up 72 new dairy units this fiscal.

Deputy commissioner Ravinder Singh said the target of setting up new dairy units in the current financial year has been set at 83, out of which 72 have already been set up.

He said under various dairy schemes, a subsidy of 25 per cent to general category and 33 per cent to female and Scheduled Caste (SC) beneficiaries was given.

He said that there are two schemes under which dairy loans are sanctioned, adding that one scheme is of NABARD, in which a dairy farmer is given a loan up to Rs 5 lakh for a maximum of 10 milch cattle and other by the state dairy department, in which a subsidy amount of `12,500 is given per animal.

He further said seven female beneficiaries were selected under women empowerment category, a special scheme to boost dairy profession amongst women. Under this, a total of `133.40 lakh had been given to three beneficiaries so far, he said. A subsidy of 50 per cent has been provided to all beneficiaries under the scheme, he added.

Besides, 15-day training was imparted to the unemployed youth who want to opt for dairy farming, he informed.