3% subsidy for setting up milk units in Punjab

The state government has implemented various schemes to bring out farmers from the traditional crop cycle and increase their income through allied occupations.
Animal Husbandry and Dairy Development Minister Tript Rajinder Singh Bajwa said the government has introduced a new scheme wherein 3 per cent discount would be given on interest rate for setting up units of milk/ milk products, meat, cattle feed and silage units.

This scheme would continue for three years for which Rs 15 crore had been reserved by the Central Government.

Due to change in eating habits of new generation, demand for various types of cheese, yoghurt, condensed milk, ice cream and health enhancing products had increased instead of pure ghee and powder making factories.

Entrepreneurs interested in setting up milk plants and units of milk products, meat, cattle feed and silage can now avail 3% discount on the interest rate according to a new scheme.

Entrepreneurs of Punjab can contact the department’s deputy director offices and head office helpline 0172-5027285 to avail benefits.

Farmers were getting good yields by adopting allied occupations but they needed more product development, better maintenance, and quality marketing, so quality products could be provided to consumers.