Dairy development pushes Govt to borrow from JICA

The Central Government has sought Rs 16,027 crore loan from Japan International Cooperation Agency (JICA) to organize various programmes to develop dairy sector and meet rising domestic demand for milk and milk products.

“The government has submitted a proposal for availing loan from Japan International Cooperation Agency for ‘Dairying through Cooperatives-National Dairy Infrastructure Plan’,” the agriculture ministry said in a statement. The proposal is in line with doubling farmer’s income in the next five years.