YS Sujana Chowdary Updates from Rajya Sabha. Questions Debates and Current News
Friday, March 23, 2012
Dairy Poultry Venture Fund Scheme
GOVERNMENT OF INDIA
MINISTRY OF AGRICULTURE
RAJYA SABHA
UNSTARRED QUESTION NO-1118
ANSWERED ON-23.03.2012
the details of funds earmarked for Dairy/Poultry Venture Fund Scheme during the last three years, State-wise; (b) the details of target fixed/achieved during the last three years; (c) whether Government has received any complaints for misuse of funds; and (d) if so, the details thereof
ANSWER
THE MINISTER OF STATE FOR AGRICULTURE AND FOOD PROCESSING INDUSTRIES (DR. CHARAN DAS MAHANT) (a) Dairy and Poultry Venture Capital Fund Scheme (DPVCF) for providing central assistance in the form of Interest Free Loan (IFL) to the beneficiaries was in operation from 2005-06 to 2008-09. This scheme was bifurcated into Dairy Venture Capital Fund Scheme (DVCF) and Poultry Venture Capital Fund Scheme (PVCF) in 2009-10. DVCF was closed on 31st August 2010 and a modified scheme namely Dairy Entrepreneurship Development Scheme (DEDS) with central assistance in the form of capital subsidy is under implementation since 1st September, 2010. PVCF with central assistance in the form of Interest Free Loan was closed on 31st March 2011 and PVCF with central assistance in the form of capital subsidy is under implementation since 1st April 2011. State-wise funds are not earmarked under these schemes. The details of funds earmarked under these schemes for last 3 years are as under: (Rs. in lakh) Scheme 2008-09 2009-10 2010-11 Funds earmarked Funds earmarked Funds earmarked Dairy & Poultry Venture Capital Fund (D&PVCF) 3500* Dairy Venture Capital Fund (DVCF) - 2000 1200 Dairy Entrepreneurship Development (DEDS) - - 2040 Poultry Venture Capital Fund (PVCF) - 1600 2569 *Combined budget allocation for Dairy and Poultry Venture Capital Fund.
(b) Year wise targets are not fixed for these schemes since it is demand driven. The details of achievements under these schemes during last three years are given below: I. Dairy Venture Capital Fund (DVCF) and Dairy Entrepreneurship Development Scheme (DEDS): (Rs in lakh) Scheme 2008-09 2009-10 2010-11 No. of Dairy Units sanctioned Amount disbursed* No. of Dairy Units sanctioned Amount disbursed* No. of Dairy Units sanctioned Amount disbursed* Dairy Venture Capital Fund (DVCF)** 4805 3970.73 4719 4815.77 2816 2747.68 Dairy Entrepreneurship Development (DEDS)# - - - - 1978 969.18
II. Poultry Venture Capital Fund (PVCF): (Rs in lakh) Scheme 2008-09 2009-10 2010-11 No. of Poultry Units sanctioned Amount disbursed* No. of Poultry Units sanctioned Amount disbursed* No. of Poultry Units sanctioned Amount disbursed* Poultry Venture Capital Fund (PVCF) 56 415.63 76 903.96 342 2856.99 * Amount disbursed by National Bank for Agriculture and Rural Development (NABARD) ** Interest Free Loan # Capital subsidy
(c) This Department has not received any complaints for misuse of funds. (d) Does not arise.
the details of funds earmarked for Dairy/Poultry Venture Fund Scheme during the last three years, State-wise; (b) the details of target fixed/achieved during the last three years; (c) whether Government has received any complaints for misuse of funds; and (d) if so, the details thereof
ANSWER
THE MINISTER OF STATE FOR AGRICULTURE AND FOOD PROCESSING INDUSTRIES (DR. CHARAN DAS MAHANT) (a) Dairy and Poultry Venture Capital Fund Scheme (DPVCF) for providing central assistance in the form of Interest Free Loan (IFL) to the beneficiaries was in operation from 2005-06 to 2008-09. This scheme was bifurcated into Dairy Venture Capital Fund Scheme (DVCF) and Poultry Venture Capital Fund Scheme (PVCF) in 2009-10. DVCF was closed on 31st August 2010 and a modified scheme namely Dairy Entrepreneurship Development Scheme (DEDS) with central assistance in the form of capital subsidy is under implementation since 1st September, 2010. PVCF with central assistance in the form of Interest Free Loan was closed on 31st March 2011 and PVCF with central assistance in the form of capital subsidy is under implementation since 1st April 2011. State-wise funds are not earmarked under these schemes. The details of funds earmarked under these schemes for last 3 years are as under: (Rs. in lakh) Scheme 2008-09 2009-10 2010-11 Funds earmarked Funds earmarked Funds earmarked Dairy & Poultry Venture Capital Fund (D&PVCF) 3500* Dairy Venture Capital Fund (DVCF) - 2000 1200 Dairy Entrepreneurship Development (DEDS) - - 2040 Poultry Venture Capital Fund (PVCF) - 1600 2569 *Combined budget allocation for Dairy and Poultry Venture Capital Fund.
(b) Year wise targets are not fixed for these schemes since it is demand driven. The details of achievements under these schemes during last three years are given below: I. Dairy Venture Capital Fund (DVCF) and Dairy Entrepreneurship Development Scheme (DEDS): (Rs in lakh) Scheme 2008-09 2009-10 2010-11 No. of Dairy Units sanctioned Amount disbursed* No. of Dairy Units sanctioned Amount disbursed* No. of Dairy Units sanctioned Amount disbursed* Dairy Venture Capital Fund (DVCF)** 4805 3970.73 4719 4815.77 2816 2747.68 Dairy Entrepreneurship Development (DEDS)# - - - - 1978 969.18
II. Poultry Venture Capital Fund (PVCF): (Rs in lakh) Scheme 2008-09 2009-10 2010-11 No. of Poultry Units sanctioned Amount disbursed* No. of Poultry Units sanctioned Amount disbursed* No. of Poultry Units sanctioned Amount disbursed* Poultry Venture Capital Fund (PVCF) 56 415.63 76 903.96 342 2856.99 * Amount disbursed by National Bank for Agriculture and Rural Development (NABARD) ** Interest Free Loan # Capital subsidy
(c) This Department has not received any complaints for misuse of funds. (d) Does not arise.
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