J&K to have Dairy Cooperative Scheme

ZT NEWS NETWORK

JAMMU: The Administrative Council of J&K headed by Lieutenant Governor, G C Murmu accorded sanction to the implementation of Dairy Cooperative scheme for Dairy Cooperative Societies in J&K with the support of National Cooperative Development Corporation (NCDC).

Under the scheme, the Government shall provide 50% of the loan and 20% of the share capital to the beneficiary Cooperative Societies. While as, a subsidy to the tune of 25% shall also be provided by the Government to the beneficiaries and owners contribution in the scheme shall be only 5%.

The Scheme endeavours to boost milk production in J&K with easy financial assistance for production, processing and marketing including purchase of animals, rearing, augmenting their capacities, health care, development of infrastructure for milk processing, other by products and creation of infrastructure to undertake marketing activities.

The scheme with the sponsorship of NCDC will facilitate establishment of integrated dairy projects with the provision for technical inputs for farmer’s organizations, mobile veterinary care, artificial insemination, expansion/renovation of milk collection centres, packaging units and chilling plants, purchase/rearing and breading of milch animals, setting up of small feed mixing manufacturing units, testing laboratories, establishment/expansion of effluent treatment plants, milk parlours and establishment of technical and promotional cell.

For smooth implementation of the scheme, an Apex Level Monitoring Committee to be headed by Registrar Cooperative Societies, Jammu & Kashmir and Additional Registrars of the Division as its members shall also be constituted.