has approved changes to the Central Sector Scheme of financing facility under the Agriculture-notes-for-state-psc-exams”>Agriculture Infrastructure Fund’.
Highlights:
State Agencies/APMCs, National and State Federations of Cooperatives, Federations of Farmers Producers Organizations (FPOs), and Federations of Self-Help Groups are now eligible (SHGs).
Currently, the scheme allows for interest subventions on loans of up to Rs. 2 crore in a single location.
If an eligible entity other than a private sector entity (i.e., state agencies, national and state federations of cooperatives, federations of FPOs, and federations of SHGs) establishes projects in multiple locations, all such projects will now be eligible for interest subsidies of up to Rs. 2 crore.
However, a private sector entity will be limited to a maximum of 25 such projects.
For APMCs, an interest subvention of up to Rs. 2 crore will be provided for each project of different infrastructure types, such as cold storage, sorting, grading, and assaying units, silos, and so on, within the same market yard.