• Feedback
  • RSS Feed
  • Sitemap
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

25,119 Projects Sanctioned By AIF, Rs 11,722 Crore Disbursed

OMMCOM NEWS by OMMCOM NEWS
March 21, 2023
in Business

New Delhi:  A total 25,119 projects of Rs 17,624 crore have been sanctioned from the Agriculture Infrastructure Fund (AIF) in the country and Madhya Pradesh has a maximum 5,567 projects worth Rs 4,275 crore, the Parliament was told on Tuesday.

The total amount disbursed for the development of Infrastructure through the AIF stands at Rs 11,722 crore, Agriculture Minister Narendra Singh Tomar told the Lok Sabha in a written reply.

AIF scheme benefits are being extended to all farmers of all types without any discrimination and Scheme benefits including 3 per cent interest subvention and the collateral free loans with free guarantee cover are intended to extend the benefits to small and marginal farmers among others. In fact, the other farmer groups like SHGs, FPOs and other collectives are also eligible under AIF which benefits the small and marginal farmers, said the reply.

The Agriculture Infrastructure Fund Scheme (AIF) was launched in July 2020 and facilitates financing of Rs 1,00,000 crore that is being provided by various lending institutions for funding agriculture infrastructure Projects at farm-gate and aggregation points all over the country. All loans under this financing facility up to a limit of Rs 2 crore will have interest subvention of 3 per cent per annum and credit guarantee coverage for eligible borrowers under CGTMSE scheme, said the reply.

As per the Ministry’s information, these benefits will be available for a maximum period of 7 years. The scheme facilitates setting up and modernization of key elements of the value chain including Post Harvest Management Projects like supply chain services including e-marketing platforms, warehouses, silos, pack houses, assaying units, sorting and grading units, cold chains, logistics facilities, primary processing centres, and ripening chambers.

Other projects for building community farming assets including organic inputs production, and bio stimulant production units are covered under AIF. Recently new activities such as integrated spirulina production, sericulture processing, Honey Processing and setting up of plant quarantine units are also brought under AIF.

 (IANS)

Tags: agricultureNarendra Singh Tomar
ShareTweetSendSharePinShareSend
Previous Post

Putin Lauds Chinese Peace Plan For Ukraine

Next Post

3rd ODI: We’ve Narrowed It Down To 17-18 Players For 2023 ODI World Cup: Dravid

Related Posts

Business

iPhone Shipments Likely To Begin In June From Foxconn’s Bengaluru Unit

May 17, 2025
Business

Global Economic Data, Easing India-Pakistan Tensions To Drive Market Mood Next Week

May 17, 2025
Sensex And Nifty
Business

Indian Stock Markets Soar Over 4 Pc In Best Weekly Performance Since Oct 2024

May 17, 2025
India's Forex Reserves
Business

India’s Forex Reserves Surge By $4.5 Bn To Cross $690.6 Bn Mark

May 16, 2025
India’s GDP
Business

India’s GDP Growth In Q4 Of 2024-25 Expected At 6.8-7 Per Cent: Report

May 16, 2025
Indian stock markets
Business

Sensex, Nifty End Lower As Investors Book Profits

May 16, 2025
Next Post

3rd ODI: We've Narrowed It Down To 17-18 Players For 2023 ODI World Cup: Dravid

Covid 19

Delhi Reports 83 Fresh Covid Infections, Positivity Rate Rises To 5.83%

Fake lube Plantsite PS rourkela

Fake Lube Manufacturing Unit Busted In Rourkela, One Arrested

Khimji
TPCODL
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.