Know what is the government’s plan?
The government said in a statement that the dairy investment accelerator would be part of the investment facilitation cell of the ministry. It said that it is a team of people engaged in different types of tasks to act as an interface with the investors. It assists in the investment cycle such as offering specific information for evaluating investment opportunities, addressing queries regarding applications for government schemes, providing on-the-ground support with state departments and relevant authorities, besides engaging with strategic partners. will provide.
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Government’s flagship scheme of 15,000 crores
It will create awareness among investors about the Rs 15,000 crore government’s flagship scheme – Animal Husbandry Infrastructure Development Fund (AHIDF) to encourage infrastructure development in the animal husbandry sector. The fund has been set up to provide financial assistance to entrepreneurs, private companies, MSMEs, Farmer Producer Organizations (FPOs) and Section 8 companies. Eligible entities can avail the scheme for setting up new units or for expansion of existing units in the areas of dairy processing and related value addition infrastructure, meat processing and animal feed plants.
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India is the largest milk producing country
India is the largest milk producing country which contributes 23 percent to the global milk production. The government said that dairy is a high priority sector due to its socio-economic importance. It provides direct employment to more than eight crore farmers, contributing 5 percent to the national economy. The government also said that almost 40 per cent of the Foreign Direct Investment (FDI) in the Indian food sector has been seen in the dairy sector.
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