Page 61 - BFSI CHRONICLE 3092022.indd

BFSI Chronicle, 11 Edition September 2022
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Tie-up Dairy Loans of Commercial Banks:  No land stipulation for 2animals.
The scheme has been launched to finance members/  0.5 acres of land for 3-10animals.
suppliers of a co-operative society /farmers associated  1.00 acre for 11-25animals.
with anchor companies / private dairies with a tie-up  1.5 acres for 26-50animals.
for the purchase of milch animals.
The following are the Important Risks prevail-
The salient features of the scheme are as under: ing in Dairy:

Purpose of the Loan: Purchase of milch cattle by dairy Diseases:
farmers/entrepreneurs to augment the income. Only Our country is endemic to many diseases which can
farmers who have a tie-up with the anchor company cause severe economic losses due to drastic reduction
will be eligible for loans under this product. in the production capacity. Some of the chronic
diseases will spread faster and even are deadly.
Eligibility: Fortunately, various vaccines are available for almost
 Individual farmers who are members supplying all the diseases in our country, and these diseases are
milk to the anchor companies/societies for easily controlled if vaccination is carried out timely
at least 2 years before the date of the loan on a mass scale, covering a huge proportion of the
application. Applicant should be less than 65 susceptible population which is nearly 80%.
years.
The following diseases can be easily prevented by
 Preference will be given to loan limit of ` 3 lakh resorting to timely and regular vaccination:
& above
 Foot and Mouth Disease (FMD).
 In case of loan limit less than `3 lakh, existing  Haemorrhagic Septicaemia (HS).
borrowers with satisfactory conduct of  Black Quarter (BQ).
account and management of dairy unit will be  Brucellosis.
considered on a case-to-case basis.  Infectious Bovine Rhinotracheitis (IBR).
 Rabies.
 Applicants should own/lease as under:  Anthrax.
 Theileriosis.

Breeding:
In order to avoid future risks, proper choice of
cattle should be ensured. Breeds which are most
suitable to the locality should be preferred and the
suitability of the climate prevailing in the area to
the breeds is important. Optimum lactation and
dry days are another important requirements to
ensure the activity to be more economic. To ensure
a continuous supply of milk, batches of milch
animals should be arranged at stipulated intervals.

The Institute Of Cost Accountants Of India

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