Question
Consider the following Statements. (i) Dairy
Processing & Infrastructure Development Fund (DIDF) scheme was initiated by the Department during 2017-18. (ii) The scheme envisages providing loan assistance to State Dairy Federations, District Milk Unions, Milk Producers Companies, Multi State Cooperatives and National Dairy Development Board (NDDB) subsidiaries across the country who are termed as Eligible End Borrowers (EEBs). (iii) The repayment period has been extended up to 2030-31 with spill over to first quarter of the FY 2031-32.Solution
Dairy Processing & Infrastructure Development Fund (DIDF) scheme was initiated by the Department during 2017-18. The scheme envisages providing loan assistance to State Dairy Federations, District Milk Unions, Milk Producers Companies, Multi State Cooperatives and National Dairy Development Board (NDDB) subsidiaries across the country who are termed as Eligible End Borrowers (EEBs). The funding period (2017-18 to 2019-20) of the scheme has been revised to 2018-19 to 2022-23 and the repayment period has been extended upto 2030-31 with spill over to first quarter of the FY 2031-32. The objective of the scheme is to modernise the milk processing plants and machinery and to create additional infrastructure for processing more milk.
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