Exploring the Dairy Entrepreneurship Development Scheme (DEDS)

Explore the dairy entrepreneurship development scheme (DEDS), a transformative initiative by the Government of India aimed at empowering aspiring dairy entrepreneurs.
Loan Against Property
3 min
15 February 2024

In the realm of agricultural entrepreneurship, the dairy entrepreneurship development scheme (DEDS) stands out as a transformative initiative aimed at fostering the growth and development of dairy enterprises. Launched by the Government of India, DEDS provides financial assistance and support to aspiring dairy entrepreneurs, empowering them to establish and expand their ventures in the dairy sector. Understanding the intricacies and benefits of DEDS is essential for individuals seeking to embark on a journey in dairy entrepreneurship.

Overview of dairy entrepreneurship development scheme (DEDS)

DEDS is a flagship scheme implemented by the Ministry of Animal Husbandry, Dairying, and Fisheries with the objective of promoting entrepreneurship and investment in the dairy sector. The scheme encompasses various components aimed at enhancing milk production, processing, and marketing, thereby contributing to rural employment generation and socio-economic development.

Key components of DEDS

  1. Financial assistance for dairy entrepreneurship: DEDS offers financial assistance to entrepreneurs for establishing new dairy units or expanding existing ones. This assistance covers various aspects such as the procurement of milch animals, construction of sheds, purchase of equipment, and installation of milk processing infrastructure.
  2. Training and capacity building: DEDS emphasises skill development and capacity building among dairy entrepreneurs through training programs, workshops, and exposure visits. These initiatives aim to impart technical knowledge, best practices in dairy management, and modern techniques for milk processing and value addition.
  3. Infrastructure development: Under DEDS, financial support is provided for the creation of dairy infrastructure including milk chilling units, bulk milk coolers, milk processing plants, and cold storage facilities. This infrastructure enhances the efficiency of milk collection, preservation, and processing, thereby improving the quality of dairy products.
  4. Market linkages and promotion: DEDS facilitates market linkages for dairy entrepreneurs by connecting them with dairy cooperatives, milk federations, and private dairy companies. Additionally, promotional activities are undertaken to create awareness about dairy products and stimulate demand in domestic and international markets.

Benefits of dairy entrepreneurship development scheme (DEDS)

  1. Empowering rural entrepreneurs:
    DEDS provides opportunities for rural youth and farmers to become self-employed and generate sustainable livelihoods through dairy entrepreneurship. By promoting dairy farming as a viable business option, the scheme contributes to rural empowerment and poverty alleviation.
  2. Enhanced milk production and quality:
    The financial assistance and technical support provided under DEDS lead to increased milk production and improved quality standards. By modernising dairy operations and adopting scientific practices, entrepreneurs can optimise productivity and profitability in the dairy sector.
  3. Value addition and diversification:
    DEDS encourages value addition and diversification in dairy products, enabling entrepreneurs to capitalise on emerging market trends and consumer preferences. Value-added products such as flavoured milk, cheese, yogurt, and ice cream offer higher profit margins and marketability.
  4. Strengthening dairy infrastructure:
    Through investments in dairy infrastructure, DEDS strengthens the dairy value chain by enhancing milk collection, storage, and processing capabilities. This infrastructure development not only benefits individual entrepreneurs but also contributes to the overall growth and competitiveness of the dairy industry.

The dairy entrepreneurship development scheme (DEDS) serves as a catalyst for the growth and modernisation of the dairy sector in India. By providing financial assistance, training, and infrastructure support to aspiring dairy entrepreneurs, DEDS facilitates the establishment of sustainable dairy enterprises and fosters rural economic development. As the dairy industry continues to evolve and expand, DEDS plays a pivotal role in nurturing a new generation of dairy entrepreneurs who are poised to drive innovation, efficiency, and prosperity in the sector.

List of top government schemes in India

Here are a few of the top government schemes in India

  • Pradhan Mantri Jan Dhan Yojana (PMJDY): Launched to provide financial inclusion to all households, especially those from low-income groups, by providing them with access to various financial services like savings accounts, insurance, and pension.
  • Pradhan Mantri Awas Yojana (PMAY): A housing scheme aimed at providing affordable housing to all urban and rural households by the year 2022.
  • Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY): Also known as the National Health Protection Scheme, it aims to provide health insurance coverage to economically vulnerable families for secondary and tertiary care hospitalization.
  • Digital India: A flagship program launched to transform India into a digitally empowered society and knowledge economy by providing digital infrastructure and services.
  • Skill India Mission: The Skill India Mission aims to empower the Indian workforce with relevant skills to enhance employability and promote entrepreneurship.

Now that you are well-versed in the opportunities offered by the Dairy Entrepreneurship Development Scheme, it is time to take your financial game to the next level with Bajaj Finserv Loan Against Property.

Unlocking your financial potential has never been easier. If you own a residential or commercial property, you hold a valuable asset that can be utilised to fulfil a myriad of financial needs. With Bajaj Finance, you can leverage your real estate to access immediate funds for various purposes, whether it is expanding your dairy business, investing in education, or handling unexpected medical expenses.

Here is why Bajaj Finserv Loan Against Property stands out:

  • Competitive interest rates: We offer low loan against property interest rate, ensuring that borrowing remains affordable for you.
  • Flexible repayment options: Tailor your repayment plan according to your financial capabilities. With flexible repayment tenures, you can manage EMIs efficiently, and our loan against property EMI calculator helps you plan your repayments effectively.
  • Quick processing: We understand the urgency of financial needs. That is why we ensure swift processing of loan against property applications, so you can access funds promptly when you need them the most.
  • Easy eligibility criteria: Our eligibility criteria is simple and hassle-free, enabling you to easily avail of a loan against property.

Whether it is realising your personal dreams or addressing unforeseen financial emergencies, a loan against property proves to be a versatile financial tool. So, seize the opportunity to maximise your assets by exploring the potential of a loan against property with Bajaj Finance.

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Frequently asked questions

When was the Dairy Entrepreneurship Development Scheme launched?

The Dairy Entrepreneurship Development Scheme (DEDS) was launched in India in 2010 to promote entrepreneurship in the dairy sector.

What is the Dairy Entrepreneurship Development Scheme?

The Dairy Entrepreneurship Development Scheme (DEDS) is an initiative launched in India to foster entrepreneurship in the dairy sector. It provides financial assistance and support for establishing modern dairy ventures, including farms, infrastructure, and milk processing plants. The scheme aims to enhance dairy production, promote value-added dairy products, and improve farmer incomes.

Which ministry is responsible for the Dairy Entrepreneurship Development Scheme?

The Dairy Entrepreneurship Development Scheme (DEDS) is under the purview of the Ministry of Animal Husbandry, Dairying, and Fisheries in India. This ministry oversees the implementation and management of various schemes and programs aimed at promoting the growth and development of the livestock and fisheries sectors in the country.

Which industries are eligible for the Dairy Entrepreneurship Development Scheme?

The Dairy Entrepreneurship Development Scheme (DEDS) extends eligibility to various industries within the dairy sector, including dairy farming, procurement of high-yielding animals, infrastructure development, equipment acquisition, and milk processing. These industries contribute to promoting entrepreneurship and enhancing productivity and efficiency in India's dairy sector, thus supporting the scheme's objectives of boosting dairy production and farmer incomes.