❮ ❯ Objectives: To provide financial assistance and guidance to Producers’ Owned Institutions (POIs) in the dairy cooperative sector, enabling them to evolve as strong, self-reliant and competitive business units, thereby contributing to increase in returns to milk producers. The core functions of the Finance Group of NDDB are: To support Producers’ Owned Institutions (POI)s… Continue reading Finances
Operational Guidelines Format for Application Format for Release Request Format for Interest Certificate Operational Guidelines Format for Application Format for Release Request Format for Interest Certificate
Administrative Approval (2021-22). Administrative Approval (2024-25). Model Sub Project Proposal (SPP) Project Operation Manual Technical Manuals/Guidelines Strengthening Milk Procurement Infrastructure Milk Processing Facilities & manufacturing Facilities (Milk, Milk Products & Cattle feed) Support for Marketing Infrastructure Support for ICT Infrastructure Productivity Enhancement Financial Management Manual Procurement (Purchase) Guidelines
– Interest subvention on Working Capital Loan under SDC&FPO scheme • What are the benefits of the Scheme Eligible organizations can avail back ended subsidy of 2% p.a. by way of interest subvention on the secured/unsecured working capital loan availed from a Financing Institution (FI) such as Commercial Banks/RRBs/Cooperative Banks/Financial Institutions. For prompt and timely… Continue reading Frequently Asked Questions (FAQ)
Application for Interest subvention 1. The eligible PA shall submit application to NDDB in a prescribed format for availing interest subvention within 45 days from the date of sanction.2. In case of loans sanctioned prior to date of launch of the scheme, un-repaid part from 1st April 2022 for interest subvention.3. The PA shall submit… Continue reading Application and Release of Interest Subvention
Eligible Organizations Producers’ Owned Institutions (POIs) such as Milk Federations, Milk Unions, Farmer owned/Milk Producer Companies – termed as Participating Agencies (PA) under the scheme. Eligibility Criteria for the Participating Agencies PA should have a sanctioned loan / facility for working capital borrowing (including cash credit facility) from any Scheduled Commercial Banks/ Regional Rural Banks… Continue reading Eligibility Criteria for the Participating Agencies
The Government of India introduced the component of “Interest Subvention on working capital loans” with an outlay of Rs. 203 Crore during 2020-21. GoI has now extended same for the period of 2021-22 to 2025-26 with an outlay of Rs. 500 Crore. Presently , the GoI has issued Administrative Approval of the scheme for the… Continue reading Interest Subvention on working capital loans
1. Purpose of the scheme: To make available term loan to Producers’ Owned Institutions (POIs) to meet their urgent need to purchase equipment and machineries of the dairy, cattle feed or feed supplement plants, including civil works, required for their efficient operation, refurbishment, modernization and upgradation, etc. 2. Eligible institutions: Producers’ Owned Institutions (POIs) such… Continue reading Term Loan for urgent purchase of Dairy Equipment / Machinery by Producers’ Owned Institutions
