AGRICULTURE INFRASTRUCTURE FUND (AIF)

About:

• 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.