Will get loan up to Rs 2 crore, farmers can start their business

29/11/2023Posted on
Agriculture Infrastructure Fund Scheme

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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Farmers will get double profit from Agriculture Infrastructure Fund Scheme

13/07/2022Posted on

The central government, which is engaged in making the farmers of the country capable in every way, keeps on implementing new schemes. In this series of efforts, the Union Agriculture Minister has approved loans of about Rs.9500 crores for 13 thousand projects. Under this scheme, agricultural infrastructure like cold storage and warehouse will be constructed. For this, the farmers who have come together through FPO will help in increasing the area and income of their farming.

Under the Agriculture Infrastructure Fund Scheme, the beneficiary farmers involved in these projects will be given 3% interest subvention per year. Apart from this, there will be a credit guarantee of up to Rs 2 crore for 7 years with interest subvention. To connect the farmers with new technology, arrangements will be made for custom hiring centres at different places, so that farmers of all levels can be associated with modern agricultural machines.

According to the Center, in view of the increasing pace of e-technology, it is necessary for the Indian agriculture sector to move in this direction as well. For the progress of the farmers, about one thousand mandis of the country have been linked to the Indian Agricultural Market. The objective of this scheme is to increase the income of farmers by connecting them with technology. Also, under this scheme, efforts are being made to provide necessary facilities like a warehouse, cold store, and packaging machines in every village of the country.

Source: TV9 Bharatvarsh

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