D. Dairy Processing & Infrastructure Development Fund (DIDF)
Core Functions:
As announced in the Union Budget 2017-18, Government of India instituted a Dairy Processing and Infrastructure Development Fund (DIDF) with a total corpus of ` 8,004 crore over a period of 3 years (2017-18 to 2019-20) in NABARD. The objective of the scheme are modernization and creation of additional infrastructure for milk processing, value addition by producing more dairy products and to help the producer owned and controlled institutions to consolidate their market position in the organized liquid milk market and to ensure optimum price realization to the primary producers.
Achievements:
The fund became operational during 2018-19 and 22 projects were sanctioned with a loan amount of ` 2,157 crore. The first installment of loan amounting to ` 440 crore has been disbursed.
E. Fisheries & Aquaculture Infrastructure Development Fund (FIDF)
Core Functions:
In the Union Budget 2018-19, Government of India had announced the creation of Fisheries and Aquaculture Infrastructure Development Fund (FIDF) with a total corpus of ` 7522.48 crore over a period of 5 years (FY 2018-19 to FY 2022-23). FIDF envisages establishment of Fishing Harbours, Fish Landing Centres, Integrated Cold Chain, Modern fish markets, Fish processing units and other infrastructure facilities.
NABARD shall fund the State Governments for creation of public infrastructure components of FIDF. Government of India has circulated the guidelines during 2018-19.
Contact Information:
Shri Niraj Kumar Verma
Chief General Manager
2nd floor, 'A' Wing
C-24, 'G' Block
Bandra-Kurla Complex, Bandra (East)
Mumbai 400 051
Tel : (91) 022 26530098
Fax : (91) 022 26530067
bid@nabard.org