The Union government has set up special fund ‘DPIDF’ to boost dairy sector. What does “DPIDF” stands for?
[B] Dairy Processing and Internal Development Fund
[C] Dairy Processing and Infrastructure Development Fund
[D] Dairy Processing and Internet Development Fund
The Union government has set up the Dairy Processing and Infrastructure Development Fund (DPIDF) worth Rs 10,881 crore to boost the dairy sector. With this investment, 95 lakh farmers from about 50,000 villages would be benefited. The National Dairy Development Board (NDDB) and the National Cooperative Development Cooperation (NCDC) will utilise DPIDF to provide the loan for building an efficient milk procurement system and other infrastructure. The DPIDF will focus on building an efficient milk procurement system by setting up infrastructure and installing electronic milk adulteration testing equipment, besides creating and expanding infrastructure and manufacturing faculties for the value-added products for milk unions and milk companies.