Bankers have been asked to explore the credit disbursement potential for dairying in Dakshina Kannada district.

Launching the credit plan for the district on Tuesday, Mr J. S. Shenoy, Deputy General Manager, Syndicate Bank, said that the credit potential for dairy alone in the district is more than Rs 100 crore.

With procurement prices reaching Rs 25 a litre, there is enthusiasm among farmers to take up this activity. He said that Syndicate Bank, along with Dakshina Kannada Cooperative Milk Producers Union Ltd, has launched a special scheme for dairy.

Mr Hemanth Bhide, Chief Manager of Lead Bank (Syndicate Bank is the lead bank in Dakshina Kannada), said that there is a production shortage of around 1.5 lakh litres of milk in the district. If farmers are encouraged to rear around 15,000 cattle to meet this shortage, bankers can look at a credit potential of more than Rs 100 crore, he said.

The banks in the districts can associate with 330 dairy societies for bringing about increase in milk production.

This will help bring down the milk deficit in the district. It will also have a positive impact on the rural economy, he said.

He also stressed the need for popularising stall-fed goat rearing in the district. This will help meet the meat requirement of the district, and consumers will get a chance to use goats' milk.

The bankers can expect a credit disbursement potential of Rs 10 crore for this sector, Mr Bhide said. Establishment of a few big goat-rearing units will help ensure continuation of goat rearing in the district, he said.

Speaking on the occasion, Dr K. N. Vijay Prakash, Chief Executive Officer, Dakshina Kannada Zilla Panchayat, said that the district can think of taking up goat-rearing activities in some villages on a pilot basis.

(This article was published on March 13, 2012)
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