Strengthening APMCS through Agriculture Infrastructure Fund (AIF) Scheme – Government
About
The Union Cabinet in July 2020 has approved a new pan India Central Sector Scheme called Agriculture Infrastructure Fund.
The scheme shall provide a medium - long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through interest subvention and financial support.
The duration of the Scheme shall be from FY2020 to FY2032 (10 years).
Moratorium for repayment under this financing facility may vary subject to minimum of 6 months and maximum of 2 years.
Intended beneficiaries
Primary Agricultural Credit Societies (PACS), Marketing Cooperative Societies, Farmer Producers Organizations (FPOs), Self Help Group (SHG), Farmers, Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Startups, Aggregation Infrastructure Providers and Central/State agency or Local Body sponsored Public Private Partnership Project.
The following community farming assets projects are 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.
