In order to bridge the Agriculture-notes-for-state-psc-exams”>Agriculture gap by empowering agriculture and villages and boosting private Investment, the Government of India launched a Central Sector Scheme of financing facility under Agriculture Infrastructure Fund. The AgricultureInfrastructure Fund (AIF) is a medium-long term debt financing facility through interest subvention and credit guarantee support on loans for investment in viable projects for post-harvest management infrastructure and community farming assets.
Under the scheme, Rs. 1 Lakh Crore will be provided by banks and financial institutions as loans with interest subvention of 3% per annum and credit guarantee coverage under CGTMSE for loans up to Rs. 2 Crores to the eligible beneficiaries include farmers, FPOs, PACS, Marketing Cooperative Societies, SHGs, Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Start-ups, and Central/State agency or Local Body sponsored Public-Private PARTNERSHIP Projects for creation of post-harvest management infrastructures like Supply chain Services including e-marketing platforms, Warehouses, Silos, Pack houses, Assaying units, Sorting &
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