Ministry of Agriculture and Farmers Welfare Current Affairs

Government launches Dairy Processing & Infrastructure Development Fund Scheme

Union Ministry of Agriculture & Farmers Welfare has launched Dairy Processing & Infrastructure Development Fund (DIDF) Scheme with an outlay of Rs. 10881 crore. Under this fund, first installment of Rs. 440 crore was given to National Dairy Development Board (NDDB).

Dairy Processing & Infrastructure Development Fund (DIDF) Scheme

This scheme was approved by Cabinet Committee on Economic Affairs (CCEA) in September 2017 with aim to boost dairy sector. It is managed by NDDB and will be implemented from 2017-18 to 2028-29. Milk unions, multi-state milk cooperatives, state dairy federations, milk producer companies and NDDB subsidiaries can avail loan under this scheme after meeting eligibility criteria.

Under this scheme, eligible milk organisations will be provided financial assistance in the form of a loan at 6.5% interest for building an efficient milk procurement system and other dairy processing infrastructure. This loan will be reimbursed over period of 10 years. It also has provision of interest subsidy on loans.

The loan proceeds will be provided for putting in place efficient milk procurement system by setting up of chilling infrastructure and installation of electronic milk adulteration testing equipment. It will be also used for creation, modernisation and expansion of processing infrastructure and manufacturing faculties for value-added dairy products.

The scheme will benefit 95,00,000 farmers in about 50,000 villages. In addition to this, it provide direct and indirect employment to many skilled, semi-skilled and unskilled workers. It will also help in creating additional milk processing capacity of 126 lakh litre per day, milk drying capacity of 210 MT per day, milk chilling capacity of 140 lakh litre per day.

Month: Categories: India Current Affairs 2018

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Government launches Seed import-export portal

The Union Ministry of Agriculture and Farmers Welfare has launched seed import-export portal to facilitate export-import of seeds and planting material. It has been developed for making trade process easy. The ministry has removed all prohibitions imposed on export of seeds of different varieties to encourage export of seeds. It also has made import export policy flexible and transparent for ascertaining availability of high quality seeds to farmers found out everywhere in world. The import export of seeds and planting material is controlled under Import Export Policy 2002-2007.

Key Facts

With the launch of this portal, all organisations importing-exporting seeds will not be required to submit their applications in 20 copies. Using this portal, employees of agriculture department will also execute the process related to import-export applications in smooth way. This portal will expeditiously process remarks from the different departments that will result in timely disposal of the applications.

Month: Categories: India Current Affairs 2018

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