पशुपालन और डेयरी विभाग
| Dairy Division (Application for Interest subvention ) | |||
|---|---|---|---|
| • The eligible Participating Agency shall submit application to NDDB in a prescribed format for availing interest subvention within 45 days from the date of sanction. | • In case of loans sanctioned prior to date of launch of the scheme, un-repaid part from 1st April 2020 will be eligible for interest subvention. | • The Participating Agency shall submit sanction letter issued by the Bank/Financing Institution and copy of loan agreement along with the application. | • NDDB, after verifying from the concerned Bank/FI, will approve the proposal for interest subvention. |
| Dairy Division (Release of Interest Subvention) | ||
|---|---|---|
| • For claiming interest subvention, the PA shall submit “Request for release of interest subvention” to NDDB every month in a prescribed format, enclosing the Interest Certificate from the Bank/ Financing Institution, relevant Bank Statement and Stock Statement of the conserved commodities. | • The outstanding loan will be reconciled by the Bank/Financing Institution with the stock of eligible conserved commodities available with the Participating Agency. | • NDDB shall release interest subvention on back ended basis every month to the Financing Institution for onward transfer to the working capital loan account of the Participating Agency. |
| Dairy Processing and Infrastructure Development Fund (DIDF) | |||||
|---|---|---|---|---|---|
| • Borrower to consult NDDB/NCD. | • Appraisal of project by NDDB/NCDC | • Sanctioning of project by SPSRC/PSC/NABARD | • NABARD raises funds from the market , which it lends to NDDB/NCDC | • NDDB/NCDC, in turn, lends it to the Eligible end Borrower at appropriate interest rate. | • DAHD provides interest subvention to NABARD. |
| National Livestock Mission |
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| An applicant need to apply to the Banks for loan on the projects as mentioned in the scheme guidelines. The bank will process their application and sanction the loan amount. After Sanction the loan amount bank will claim 25% back ended subsidy from the NABARD through online portals. The Department is providing the budget amount to the NABARD with regard to the subsidy. |
