Rs 15 cr reallocated to J&K for clearing dairy scheme cases

at 8:55 pm

Jammu (NVI): The Centre has reallocated Rs. 15 crore subsidy to Jammu and Kashmir for clearing the Dairy Entrepreneurship Development Scheme (DEDS) cases pending with banks.

At least 970 DEDS units have been established during the current fiscal and there are around 2115 cases pending with banks for disbursement.

This was stated at a meeting held here by Principal Secretary Animal, Sheep Husbandry and Fisheries, Asgar Hassan Samoon, who directed clearance of all the pending cases under DEDS on a fast-track basis.

Samoon emphasized the role of DEDS in poverty-alleviation, employment generation and to achieve self-sufficiency in milk and milk products.

All Chief Animal Husbandry Officers and Lead Bank Managers were directed to clear all pending cases within a fixed timeline.

A Sub-Committee under the Chairmanship of Samoon has been constituted to examine the reasons underlying slow rate of sanction of DEDS cases by banks and suggest measures to improve it for better livelihood options.

The Committee will also recommend measures to improve the implementation of DEDS to make dairy sector more remunerative.

It will study different models of insurance coverage being provided by various companies in livestock sector especially in Himachal Pradesh and Uttrakhand and their adoption in Jammu and Kashmir.