CURRENT AFFAIRS

Get the most updated and recent current affair content on Padhaikaro.com

Strengthening APMCS through Agriculture Infrastructure Fund (AIF) Scheme

  • Integrity Education, Delhi
  • 07, Aug 2021
Image Not Found

  • 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.