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(THE GIST OF PIB) Agriculture Infrastructure Fund

[AUGUST-2022]

Union Agriculture Minister Narendra Singh Tomar will give away Agriculture Infrastructure Fund Awards in New Delhi on July 30, 2022.

Agriculture Infrastructure Fund (AIF) was launched two years ago under the ambitious Aatmanirbhar Bharat Package as a dedicated Central Government scheme that provides medium-long term credit facility for investment in creation of post-harvest management infrastructure and community farming assets.
This facility comes with financial support by way of three per cent Interest subvention from Government and credit guarantee by CGTMSE fee up to two crore rupees.
This scheme can be converged with the existing Central Government and State Government schemes. This has immensely benefitted stakeholders in the agricultural ecosystem - Farmers, Agri-entrepreneur, FPO, SHG, JLG, PACS, APMC, Startup, Central, Marketing Cooperative Society, State Agencies etc.