The agriculture sector has a huge contribution to the economy of India. But it is also true that till now India has not been able to fully utilize its agricultural sector. For this reason, even the common farmers are not able to get its benefits and the economic condition of the farmers is not able to improve. The government also runs many schemes to solve the economic problems of farmers. Farmers take benefits from these schemes and do their farming in a better way than before. One of these government schemes is the “Agriculture Infrastructure Fund Scheme” through which farmers can start their business by taking a big loan.
Let us tell you that by taking benefit of this scheme, farmers can set up cold storage, food processing units, warehouses and packaging units. For all this, the government gives huge loans of up to Rs 2 crore to the farmers. Not only this, the government also gives a rebate of 3% on the interest rate of this loan. Let us tell you that this rebate given in interest lasts for 7 years after the loan is accepted.
Guarantee is also given on this loan up to Rs 2 crore available under the Agricultural Infrastructure Fund Scheme. The Micro and Small Enterprises Fund Trust takes responsibility for this guarantee. Primary agricultural credit societies, marketing cooperative societies, farmer production organizations, self-help groups, joint liability groups, multipurpose cooperative societies, agricultural entrepreneurs, startup aggregation infrastructure providers etc. can avail the benefits of this scheme. For more information and application of the scheme, you will have to visit www.agriinfra.dac.gov.in.
Source: Krishi Jagran
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