Dairy Farming: Get 90% Loan to Start Your Own Dairy

More than half of the country’s population is dependent on agriculture that plays an important role in the Indian Economy. This is the reason why government launches different schemes for the farmers & livestock owners. 

Due to this, the Central Government has allocated about Rs 15,000 Crore for Animal Husbandry Infrastructure Development Fund (AHIDF), so that India can become self-reliant.

Objectives of the Plan

• Increasing the capacity & Product diversification of Milk and Meat Processing.

• Providing Milk and Meat at the right price.

• Providing Quality Milk and Meat Products for Domestic Use.

• Meeting requirement of Protein Rich Quality Food.

• End malnutrition.

• Develop Entrepreneurship.

• Create Jobs.

• To Increase Export Contribution in the Milk and Meat Sector.

• Providing fodder for Cattle at an Affordable Cost.

Loan will be Available at Low Interest 

Farmers can establish any animal-related unit by taking a loan through Animal Husbandry Infrastructure Development Fund (AHIDF). For their establishment, financial assistance of up to 90% will be given from banks. 

The special thing is that you can get a loan at a lower interest rate than the market. Apart from this, farmers can also check the list of banks on the Udyami Mitra website that offer such loans.

Loan will be available for these units

• Cheese Manufacturing Unit & Ice Cream Unit.

• Milk Processing Unit with Ultra High Temperature (UHT) Tetra Packaging Facilities Establishment of various types of Meat Processing Unit.

• Whey & Milk Powder Manufacturing Unit.

• Flavored Milk Manufacturing Unit.

Loan Application Process

• For a loan under AHIDF, one has to first register by visiting the Udyami Mitra portal.

• After this, a page will open for the application process, where you can apply for the loan.

• Then, the application will be reviewed by Animal Husbandry Department.

• After getting permission from the department, the loan will be sanctioned by the bank/lender.

• Along with this, after completing all the necessary procedures, the loan will be transferred to the farmer's account.

Apply for a loan