DAIRY PROCESSING & INFRASTRUCTURE DEVELOPMENT FUND (DIDF)

About:

• It was first announced in the Union Budget 2017-18.
  
  
• It has been started by the Department of Animal Husbandry, Dairying and Fisheries (DADF) with an outlay of Rs 10881 crore.
  
  
• Under this scheme, milk cooperatives will be provided financial assistance of Rs 8004 crore in the form of a loan at 6.5% interest, which will be reimbursed over a period of 10 years.
  
  
• Under this, the first instalment of Rs 440 crore is being given to the National Dairy Development Board (NDDB) today.
  
  
• Objective of the scheme is to create additional milk processing capacity of 126 lakh litre per day, milk drying capacity of 210 MT per day and milk chilling capacity of 140 lakh litre per day.