NABARD Scheme 2023: Online Application, Bank List & Subsidy

NABARD Scheme Online Registration & Application | Dairy Farming Scheme application form download | NABARD eligibility, benefits | Bank List & subsidy | how to apply

The Central Government has created the NABARD initiative to give employment opportunities to the people of the country. Under this programme, the government offered low-interest loans to rural residents of the nation so they may set up dairy farming (For arranging dairy farming, people of rural areas of the country will be provided loans by the government at a low-interest rate.). The bank will furnish the loan granted under this programme. The Animal Husbandry Department will establish contemporary dairies in each area as part of this plan. Through this article, we will today give you all the details about Nabard Yojana 2023.

Table of Contents

NABARD Scheme 2023

As part of the NABARD programme, Finance Minister Nirmal Sitharaman has made a fresh statement to help farmers in the nation who are suffering as a result of the Coronavirus. According to the Finance Minister, an additional Rs 30,000 crore in refinancing help would be given to the nation’s farmers through this programme. It is in addition to the NABARD scheme’s Rs 90 000 crore investment. According to this plan, these funds will be distributed to the governments through cooperative banks. 3 crore farmers throughout the nation would profit from it.

In addition to animal husbandry, the fisheries department will be consulted to execute this programme effectively. Under the Dairy Farming Scheme, jobless rural residents will have access to self-employment, making it easier for people to establish their own businesses and boost employment prospects in our nation. This plan will encourage the development of dairy farms for the nation’s milk output. Machines will be used for everything, including milk production, cow or buffalo care, cow protection, ghee production, etc. The country’s potential beneficiaries must submit an application in order to participate in the Nabard Yojana 2023. Sukanya Samriddhi Yojana

Objective of Nabard Yojana 2023

As you may already be aware, dairy farming provides a living for a significant portion of the population in the country’s rural areas. Dairy farming is quite disorganised, which prevents individuals from making a lot of money. The dairy business will be well-organized and administered under Nabard Yojana 2023 to create self-employment through this programme and to give the dairy industry facilities. Nabard Yojana’s primary goal is to provide interest-free loans to individuals so they may easily manage their businesses with the goal of boosting milk production and eradicating unemployment nationwide. The government is making significant efforts to raise farmers’ incomes.

NABARD SCHEME 2023

What are the subsidies provided by Bank under Nabard dairy scheme 2023?

A subsidy is also provided under the Dairy Entrepreneurship Development Scheme to develop a unit producing milk-based goods.
You can purchase machinery for processing milk products under the Nabard Dairy Scheme 2022.
You can receive a capital subsidy of 25% (Rs 3.30 lakh) on such a machine if you purchase it for Rs 13.20 lakh or less.
If you fall within the SC or ST category, you are eligible for a subsidy of Rs. 4.40 lakh.
According to the DDM of NABARD, under this programme, 75% of the loan amount would be funded by the recipient and 25% by the bank. Anyone interested in taking advantage of this programme should contact the bank immediately.
You must present evidence of their cost if you wish to start a dairy with less than five cows. This stipulates that the government will give a 50% subsidy. Farmers must pay the bank 50% in a series of instalments.

Ayushman Bharat Card

Which Schemes are offered by NABARD?

1^st plan – Establishment of small dairy unit for Desi milking cows.

· Investment – minimum 2 animals to open dairy up to maximum 10 years – Rs 5,00,000/- for 10 animal dairy.

· Subsidy available – 25% (outline 33.33% for SC/ST farmers) on 10 animal dairy, capital subsidy limit Rs.1.25 lakh (Rs.1.67 lakh for SC/ST farmers). The maximum capital subsidy allowed is Rs.25,000 for 2 animal units (Rs.33,300 for SC/ST farmers). The subsidy will be restricted on a pro-rata basis depending on the size.

Second plan – rearing of heifer calves – up to 20 calves – description of cross bred, indigenous cattle and classified buffalo milch breeds

· Investment – 80 lakhs for 20 calves units – with a minimum unit size of 5 calves and a maximum limit of 20 calves.

· Subsidy available – Up to 25% subsidy will be given to open units up to 20 calves. This subsidy will be given on capital up to Rs. 1,25,000 (Rs. 1,60,000 for SC / ST category ). Category people will get up to 33.33% in subsidy. A maximum subsidy of Rs. 30,000 will be given on opening a unit of 5 calves (Rs. 40,000 for SC/ST category).

3rd Plan – Vermicompost and Manure (will not be associated with the unit with milch animals.

· Investment – up to Rs 20,000

· Subsidy to be given – If a person invests Rs 4.50 lakh under this scheme, then he will get a subsidy of up to 25%. The SC/ST applicant will get a subsidy of 33.33% on capital up to Rs 6 lakh.

Fourth plan – purchase of milk testers / milking machines / refrigerators (with a capacity of up to 2000 liters) to keep milk cold in case of excess quantity.

· Investment – In this the person will have to invest up to Rs 18 lakh.

· Subsidy to be given – 25% of the expenditure (33.33% for SC/ST farmers) under capital subsidy of Rs.4.50 lakh (Rs.6.00 lakh for SC/ST farmers).

Fifth Plan – Purchase of dairy processing equipment to produce indigenous milk products.

· Investment – For this project, you need to invest a minimum of Rs 12 lakh.

· Subsidy to be given – A subsidy of 25% on a capital loan up to Rs. 3,00,000. For SC/ST category, a subsidy of 33.33% on a capital up to Rs. 4,00,000.

Sixth Plan – Establishment of Dairy Products Transport Facilities and Cold Chain

· Investment – To start this scheme, the people of the country will need a minimum amount of Rs 24 lakhs.

· Subsidy to given – a subsidy of 25% on a maximum loan of Rs. 7,50,000. For SC/ST category, a subsidy of 33.33% on a loan up to Rs.10 lakh.

Seventh Plan – Cold storage facilities for milk and milk products.

· Investment – Minimum investment amount is Rs 30 lakh.

· Subsidy to be given – 25% of the expenditure (33.33% for SC/ST category). Capital subsidy of Rs. 45,000 and Rs.60,000 (Rs.80,000/- and Rs.60,000/- for SC/ST category) for mobile and stationary clinics.

Eighth Plan – Establishment of Private Veterinary Clinic

· Investment: Minimum investment for a mobile clinic is Rs 2.40 lakh and Rs 1.80 lakh for a stationary clinic.

Navi Yojana – Dairy Marketing Outlet / Dairy Parlor

· Investment – Investment amount of Rs 56,000.

· Subsidy: The capital subsidy capped at 25% or Rs.14,000 (33.33% for SC/ST farmers) for the subject expenditure – (Rs.18600 for SC/ST farmers).

Beneficiaries of NABARD Dairy Farming Scheme

Farmer
Entrepreneur
Companies
Non government organization
Organized group
Unorganized sector

Loan giving banks under Nabard Dairy Farming Yojana

commercial bank
regional bank
State Cooperative Bank
State Cooperative Agriculture and Rural Development Bank
Other Institutions Eligible for Refinance from NABARD

NABARD Scheme: Dairy Subsidy Scheme Eligibility

Farmers, individual business owners, NGOs, corporations, unorganised and organised sector groupings, etc. are all included in the NABARD Yojana.
A person may only use the advantages of this programme once.
This programme allows aid to be given to several family members, and in order to do this, they are given assistance in setting up various housing units with various infrastructures at various locations. A minimum of 500 metres should separate two similar developments.
Under this programme, a person may request help for all of the components, but they are only qualified for each component once.

How to apply online for NABARD Scheme?

First of all, the applicant has to go to the official website of National Bank For Agriculture And Rural Development Nabard.
The home page will open in front of you.
On this home page, you have to click on the Information Center option.
After that, the next page will open in front of you.
On this page, you will have to click on the download pdf option based on your scheme.
By doing this, the complete form of the scheme will open in front of you. You have to submit this form by filling it out.

How to apply offline for NABARD Scheme?

First of all, you need to decide what type of dairy farm you want to open.
If you want to start a dairy farm under NABARD scheme, then, you have to visit NABARD office of the district.
If you want to open a small dairy farm, you can also get information by visiting your nearest bank.
After going to the bank, you will have to fill out the subsidy form and apply for it.
In case the applicant’s loan amount is large, the individual will have to submit his project report to NABARD.

Helpline Number

If you are still facing any kind of problem then you can solve your problem by contacting on helpline number or through email. The helpline number and email id are as follows.

Helpline Number- 022-26539895/96/99
Email Id- webmaster@nabard.org