GOVT OF INDIA SCHEMES: "UBHARTE SITARE" & "NLM" 2021-22
Several schemes from Central and State Govts are available, however, it is difficult for the beneficiaries to comprehend the procedures and to what extent the subsidies are available in various schemes. In majority of schemes NABARD is the Financing agency, which always "refinances" the schemes through various banks, RRBs, Coop banks, etc. However, the poor beneficiary generally remain confused as how to go about and which scheme his enterprise will be covered. Every scheme requires a "project report", "Expression of Interest", etc..
We at M/s Dairy Consultancy India are trying to compile articles from various sources, for the benefits of the farm sector beneficiaries. M/s Dairy Consultancy India, helps beneficiaries to understand these schemes in simple terms.
This article covers "Ubharte Sitare" and "National Livestock Mission" schemes.
1. “UBHARTE SITARE SCHEME” Launched by FM, Govt of India on Aug 21, 2021
The 'Ubharte Sitaare Fund' has been set up by Exim Bank and SIDBI. The fund is expected to identify Indian enterprises with potential advantages by way of technology, products or processes along with export potential, but which are currently underperforming or unable to tap their latent potential to grow.
Accordingly, India Exim Bank's Ubharte Sitaare Programme (USP) identifies Indian companies that have the potential to be future champions in the domestic arena while catering to global demands. The fund is a mix of structured support, both financial and advisory services through investments in equity or equity like instruments, debt (funded and non-funded) and technical assistance (advisory services, grants and soft loans) to the Indian companies.
Exim Bank and SIDBI have developed a pipeline of over 100 potential companies, including those in Uttar Pradesh, across various sectors such as pharma, auto components, engineering solutions, agriculture, and software, Harsha Bangari, Deputy Managing Director, India Exim Bank, said.
The government has changed the definition of MSME in a very flexible manner. Recently, a bill was tabled in the Parliament through which the MSME sector will directly benefit," Ms. Sitharaman said.
She further added that MSME businessmen will not have to undertake an audit for submission of their accounts. "The government has faith in them, and they can self-attest their accounts and certify them," she said.
Ms. Sitharaman urged the State's MSME Minister Sidharth Nath Singh to establish an MSME chamber in every district, and hold awareness programmes about the 'Ubharte Sitaare Fund' so that entrepreneurs working under the One District, One Product (ODOP) scheme can know about its benefits.
Uttar Pradesh has the highest number of MSMEs and has effectively implemented the One District One Product programme, “which provides the ideal ecosystem for success of an initiative like the Ubharte Sitaare Fund”.
Meanwhile, a tweet by Ms. Sitharaman's office said MSMEs have been at the forefront of the Modi government's economic policy through policies like change in definition of MSMEs to ensure adequate flexibility, effective implementation of ECLGS and Factoring Bill increasing the number of designated NBFCs to 9,000.
In her Budget speech last year, Ms. Sitharaman had mentioned that MSMEs are vital to keep the wheels of economy moving.
2. Video link to understand the “UBHARTE SITARE” scheme on financial terms
https://www.youtube.com/watch?v=rO4ihSZ4Cb8- Ubharte sitare for export-oriented products
3. NATIONAL LIVESTOCK MISSION (Launched in 2014-15)
(For details, please visit: https://dahd.nic.in/sites/default/filess/REVISED%20GUIDELINES%20OF%20NLM%2027.04.16.pdf
Farm Sector Schemes by NABARD:
· Dairy Entrepreneurship Development Scheme
· Capital Investment Subsidy Scheme for Commercial Production Units for organic/ biological Inputs
· Agriclinic and Agribusiness Centres Scheme
· GSS – Ensuring End Use of Subsidy Released
· New Agricultural Marketing Infrastructure
· Formulation of Special Long Term Refinance Schemes
4. GOVT OF INDIA RELEASE ORDERS -2021-2022
Release of central assistance of Rs. 620.965 Lakh during 2021-22 under National Livestock Mission to State of Madhya Pradesh (1.73 MB)
Centrally Sponsored Plan Scheme "National Livestock Mission" (NLM) - the release of Rs. 6.475 Crores to NABARD (1.36 MB)
Centrally Sponsored Plan Scheme "National Livestock Mission" (NLM) - the release of Rs. 1.00 Crores to NABARD (1.8 MB)
Centrally Sponsored Plan Scheme "National Livestock Mission" (NLM) - the release of Rs. 2.00 Crores to NABARD (1.99 MB)
Centrally Sponsored Plan Scheme "National Livestock Mission" (NLM) - the release of Rs. 7.00 Crores to NABARD (1.84 MB)
Centrally Sponsored Plan Scheme "National Livestock Mission" (NLM) - the release of Rs. 12.95 Crores to NABARD (1.38 MB)
Centrally Sponsored Plan Scheme "National Livestock Mission" (NLM) - the release of Rs. 45.325 Crores to NABARD (1.35 MB)
Release of central assistance of 786.81 lakhs under National Livestock Mission to State of Meghalaya General Component (1.71 MB)
Release of Central Assistance of Rs.8,63,86,200/- during 2021-22 under NLM for the State of Andhra Pradesh. (2.82 MB)
Release of Central Assistance of Rs.1,32,86,700/- during 2021-22 under NLM for the State of Andhra Pradesh. (2.64 MB)
Release of Central Assistance of Rs.76,39,600/- during 2021-22 under NLM for the State of Andhra Pradesh. (2.85 MB)
------------------------------------------------------------------------------------------------------------------------
Author: Dr PK Shrivastava, Dairy Business Consultant, M/s Dairy Consultancy India, Bangalore; email: pkshrivastava54@gmail.com
Any further queries are solicited