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Banking & Credit :: Punjab National Bank

22. Scheme for Financing Dairy Development Programmes:

Dairy projects are financed for the following projects: -

i. Financing individuals for purchase of good quality high yielding milch animals, viz., cows/buffaloes or cross bred cows for milk production.
ii. Financing individuals for purchase and rearing of calves upto the stage of first lactation.
iii. Financing for other innovative animal husbandry activities, namely, cattle breeding, salvaging of dry pregnant cattle, milk-processing facilities, construction of milk houses, etc.

Financing for Milk Production Activity i.e. Purchase and Maintenance of Milch Animals (lactating cows/buffaloes) for Milk Production:

Purpose :

•   Purchase of good quality high milk cows/buffaloes. 
•   Construction of shed(s) for keeping the animals. 
•   Purchase of dairy machinery or other equipments of dairy business. 
•   Providing fodder for the animals. 
•   Cost of transportation of animal from cattle market. 
•   Composite loans are also given for purchase of milch cattle and one month concentrate feed requirements as also for cultivation of fodder crops in integrated manner. 

Eligibility
 
>> individuals undertaking dairying as subsidiary activity.
>> individuals undertaking commercial dairy as main activity.

Scheme for Financing Rearing of Good Quality Female Calves:

Purpose : rearing of female calves of about 4 months of age born of healthy parents upto the age of first calving.

Eligibility : cattle breeders/ progressive farmers having female calves undertaking to retain them for milk production or sell them on first calving. farmer should have land for raising adequate fodder.

Financing for Other Innovative Animal Husbandry Activities:

Purpose : cattle breeding through artificial insemination; salvaging of dry pregnant cattle; financing for milk processing facilities; financing for construction of milk houses (dudhghar) by village milk cooperative societies; financing for development of pasture, etc.


23.Dairy Vikas Card Scheme (implemented in select states):

Purpose :  Purchase of good quality high milk yielding cows/buffaloes or exotic cross bred cows; construction of shed for keeping the animals; purchase of working capital items like, dairy feeds, veterinary medicines, fodder, dairy machinery or other equipments, etc. 

Eligibility : Landless agricultural labourers or farmers/ individuals having experience in maintaining milch animals.

Purchase of New Buffalo / Replacement of Existing Buffalo::  Applicants are allowed to purchase new buffalo/replacement of existing buffalo to the extent of reduction in limit provided the conduct of account is observed satisfactory for one year. such a facility will be allowed upto third year.

 
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