I am planning to start a small Dairy Farming Project. I’ve planned to buy about 20 buffaloes and will farm about 4-5 Acres of land for their fodder requirements.
Recently I’ve come to know about NABARD’s DEDS scheme that provides subsidy for such projects. After I consulted a Civil Engineer (who is known for making bankable projects), to my surprise he informed me that even though the scheme is valid, banks are not interested in providing finance & hence reject the loan application.
Can some experts here shed some light on the issue.