Strengthening APMCS through Agriculture Infrastructure Fund (AIF) Scheme
- Integrity Education, Delhi
- 07, Aug 2021
- It is a Central Sector Scheme .
- The objective of the Agriculture Infrastructure Fund (AIF) scheme is to mobilize a medium - long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through incentives and financial support in order to improve agriculture infrastructure in the country.
- The scheme provide financial assistance in the form of interest subvention and credit guarantee for setting Post Harvest Management (PHM) projects
- Under this scheme financing facility of ₹1 lakh crore is to be disbursed by banks/lending institutions as loans to eligible beneficiaries.
- This financing facility will help APMCs to upgrade their infrastructure, which will ultimately benefit the farmers.
Community farming assets projects eligible under the scheme:
- Organic inputs production
- Bio stimulant production units
- Infrastructure for smart and precision agriculture.
- Projects identified for providing supply chain infrastructure for clusters of crops including export clusters.
- Projects promoted by Central/State/Local Governments or their agencies under PPP for building community farming assets or post-harvest management projects.