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Govt to set up dairy development fund with corpus of Rs 8,000 cr

Assistance of up to Rs 75 lakhs to be provided to every e-NAM (National Agricultural Market)

BS B2B Bureau  |  New Delhi 

To augment income of farmers, budget has proposed setting-up of a Dairy Processing and Infrastructure Development Fund with a corpus of Rs 8,000 crores over three years. “Dairy is an important source of additional income for the farmers. A Dairy Processing and Infrastructure Development Fund would be set-up in NABARD with a corpus of Rs 8,000 crores over 3 years,” said Finance Minister Arun Jaitley during his budget speech. According to the government, with a better monsoon, agriculture is expected to grow at 4.1 percent in the current year (2016-17) as the total area ...

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First Published: Wed, February 01 2017. 16:19 IST