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Cabinet Approves Rs 4,558 Crore Scheme For The Dairy Sector

Cabinet has also decided to raise the benefit under the interest subvention scheme to 2.5 percent from 2 percent.

Union Minister Prakash Javadekar briefs the media on cabinet decisions in New Delhi. (Source: PTI)
Union Minister Prakash Javadekar briefs the media on cabinet decisions in New Delhi. (Source: PTI)

The government on Wednesday approved a Rs 4,558-crore scheme to promote the dairy sector which will benefit about 95 lakh farmers.

Information and Broadcasting Minister Prakash Javadekar said that this scheme will take the "White Revolution" to the next level briefing reporters about the decisions taken by the Cabinet.

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He further said that the Cabinet has also decided to raise the benefit under the interest subvention scheme to 2.5 percent from 2 percent.

Both the decisions are aimed at benefitting the farming community, the I&B minister added.