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Milk co-ops to get up to 4% interest subsidy on working capital.
May 15, 2020

To help milk co-operatives and farmer-owned milk producer companies (FPCs) struggling with excess milk supply following restricted procurement by private dairies, the government on Thursday announced a Rs 100-crore interest subvention scheme on working capital.
The scheme announced by the Ministry of Fisheries, Animal Husbandry and Dairying will be operated through National Dairy Development Board and help dairies convert the surplus quantity of milk into high shelf-value products such as milk powder, white butter, ghee and UHT milk, an official statement said.

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