Dairy Farming: How to apply for Dairy Farming Project Report and Loan for Dairy Farm? Know

Dairy farming business has grown tremendously in the last few years. The dairy farming helps thousands of cattle farmers in dairy management in a modern way. Dairy farming has created a lot of jobs due to dairy management. But many dairy farms still manage dairy farms in most villages and supply milk to big companies, as well as sell it to retail shops. But creating and running your own dairy farm is a more profitable deal.

India is one of the largest milk producers in the world and is also the largest milk consumer. According to the report of the Ministry of Agriculture and Farmers Welfare, milk production has increased in India in the last few years. On the other hand, if we talk about dairy farming, then dairy farming has started taking the form of a business from a traditional business in today’s time.

Dairy farming business has grown tremendously in the last few years and dairy farming helps thousands of livestock farmers in dairy management in a modern way. Dairy farming has created a lot of jobs due to dairy management. But many dairy farms still manage dairy farms in most villages and supply milk to big companies, as well as sell it to retail shops. But creating and running your own dairy farm is a more profitable deal.

How to start a dairy farm

Indian dairy market is growing in today’s time. According to a report, this industry has become a 5,000 billion. The dairy market in India is worth INR 9,168 billion in 2018. Today’s youth, understanding the value of this business, are leaving their good jobs and taking interest in starting a dairy business.

In such a situation, if you are also thinking of opening a dairy farm, then you can start it and earn well, because milk production is a business that will never stop, because the demand for milk and its products will always remain.

Dairy farming is a business, to start it, you have to make your business plan, under which you can start your business and work to take it forward. You will also have to use your planning and available resources.

First of all, you have to see how many cows or buffaloes you want to open a dairy farm with. How will the marketing of milk, number of employees, payment of dairy bills, loans etc. be managed? For this, you will have to prepare a Dairy Farm Project Report, which helps you in all this.

Here is the Dairy Farm Project Report for dairy animals. On the basis of which you can open your dairy business.

Consultation with experts

To start your dairy farm business, it is important to design your management system and consult experts. Along with farmers, talk to veterinarians, agricultural scientists, bankers, nutritionists and others who can help you in dairy business management.

How to start a dairy farm

Before starting a dairy farm business, you have to choose a place where you can keep your cows or buffaloes safe.

1. Select the breed of the type of dairy animal you want to keep in the dairy farm. For starting a dairy farm, you should always choose high quality dairy cattle breeds.

2. Always choose good breed of cows and buffaloes which can give more milk.

3. The better the breed of cattle, the more milk it will give, hence their price is also high. Choose cattle according to your budget.

4. Apart from milk, dairy farmers can also make manure a good source of income. Cow dung gas is prepared from cow dung which is used as fuel. 

Dairy Farming Project Report

Buying and selling of animals

In this you have to see and write what kind of animal you want to buy, whether it is a cow or a buffalo. If you are starting your dairy farm by buying 5 animals, then its amount has to be mentioned in it. This price is determined by NABARD on the basis of the type and breed of the animal, while the prices also change according to the market price. This includes the price of the animal as well as its insurance amount.

Cost of housing for animals

In this you write the cost of building housing for your dairy animals. If you are starting a dairy farm by taking a loan, then write the loan instalments along with the cost. Also include the cost of purchasing equipment of basic needs for housing, cost of building a shed. In this plan report, you must also write the milking machine, drying vessels, silage system, place to keep fodder according to the number of cows or buffaloes. Do not forget to write the bill of electricity supply, water supply as well.

Cost of animal feed

Write about the requirements and cost of green fodder, dry fodder and other types of food supplies for the animals from their milk production to their pregnancy.

How much will be spent on animal health

If you are setting up a dairy farm with five animals, then you will also have to write about the medical arrangements for them in the report. The cost of vaccination, deworming, medicine and health care of animals is included in this.

Loan for dairy farm

NABARD provides loans to farmers for dairy farming. Under the Dairy Entrepreneurship Development Scheme, loans ranging from Rs 50 thousand to Rs 12 lakh are available for purchasing animals. At the same time, loans ranging from Rs 10 lakh to Rs 25 lakh can be available for dairy farm.

Repaying the loan

If you have taken a loan, then it will have to be repaid to the bank every month according to the interest rate of the bank. For this, you will have to keep the money in the account within the stipulated time limit. You will have to write in detail in your report about the instalments, interest and how much profit you are getting on the principal and interest of the bank.

How will the income be generated?

The most benefit from dairy farming comes from the production of milk. A good average cow’s milk is determined in a year.

You can make another source of income by preparing manure in dairy farming.

You can also include selling animal feed bags in increasing your income.

Market strategy

If you are opening your own dairy farm, then you will also have to pay attention to how you will take your product to the market and what products will you prepare apart from milk, cheese, ghee, butter. The demand for milk and milk products is always going to remain and in today’s time its demand has also increased. About 29 percent of India’s 1.3 billion people are vegetarian, they focus on eating milk and dairy products.

How to take loan for dairy farm from NABARD?

NABARD provides loans to farmers for their economic development. NABARD also provides loans to farmers for opening dairy farms. Under NABARD’s Dairy Entrepreneurship Development Scheme, you get loan amount from Rs 50 thousand to Rs 12 lakh for buying animals, while you can get loan from Rs 10 lakh to 25 lakh for opening a dairy farm.

Subsidy in Dairy Entrepreneurship Development Scheme

Under this, NABARD also gives subsidy of up to Rs 3.30 lakh. If the person opening the dairy farm falls under SC, ST category, then subsidy of up to Rs 4.40 lakh is available. The beneficiary applying has to pay 25 percent amount himself.

Loan for equipment

Under this scheme, you can buy equipment for milk production processing. You get loan up to Rs 13.20 lakh to buy the machine. You can get 25 percent subsidy on this from the government.

Interest rate

In the loan taken to open a dairy farm under the Dairy Entrepreneurship Development Scheme, you will have to pay interest rate ranging from 6.5 percent to 9 percent per annum. The loan repayment period is 10 years.

Which documents will be required to get a dairy farm loan

To open a dairy farm by taking a loan from NABARD, you will have to submit a photocopy of the application form.

Photocopy of identity proof.

Photocopy of address proof certificate.

Income certificate.

Photocopy of your business plan.

Eligibility for loan to open a dairy farm

1. You must be a citizen of India.

2. There should be land and other resources to start a dairy farm.