New Delhi, May 18, 2020: R S Sodhi, Managing Director GCMMF was all praise for the Finance Minister saying she has made an important announcement of Rs 15,000 crore dairy infrastructure fund for the establishment of supply chain and dairy plants for enhancing the dairy and milk processing capacity.
Talking to Indian Cooperative Sodhi said the dairy sector could have 4-5 crore litres of extra capacities with this fund. This increase in capacity will provide a livelihood to approximately 30 lakh people in rural India according to the reports published in indiancooperative.com.
The GCMMF MD also welcomed the interest subvention scheme announced by the Finance Minister. This would mean an interest subvention scheme for cooperatives at 4% interest.
