What is in news :  Government of India’s Department of Animal Husbandry & Dairying (DAHD), under its Investment Facilitation Cell, has setup Dairy Investment Accelerator.

Details :

• Why – Providing dedicated focus towards the promotion and facilitation of investments in dairy sector of the country.
• Constituted to serve as the investors interface.
• Provide support across the investment cycle. It will offer inputs regarding the evaluation of investment opportunities and will also address the various queries about application to govt. schemes, providing on-ground assistance with state departments & relevant authorities, connecting with strategic partners etc.
• Organize events with local & global industry participants and also help in conducting one-on-one discussions with the investors to better understand their viewpoint.
• Facilitate direct interactions with various government officials and will connect with other players in the industry.

Animal Husbandry Infrastructure Development fund (AHIDF)

• Animal Husbandry Infrastructure Development Fund is a flagship scheme launched by the Department of Animal Husbandry & Dairying (DAHD).
• Under this scheme funds have been setup to offer financial support to private companies, entrepreneurs, Farmers Producers Organizations (FPOs), MSME and Section 8 companies.
• Benefits of this scheme can be availed to expand or set up new units in the areas of dairy processing, Animal Feed Plant and meat processing & its related infrastructure.
• The benefits of this scheme are 3% interest subvention on loans with a 2-year moratorium with repayment period of 6 year. Along with this Rs 750 Crore credit guarantee will also be given.