Agriculture Infrastructure Fund Scheme: The Indian Government has launched the Agriculture Infrastructure Fund Scheme to provide various benefits to the agricultural sector of India. In this scheme, India’s government will improve agriculture and farmers’ infrastructure. Through this scheme, the government will provide long-term debt facilities to the farmers in projects such as post-harvesting management and better infrastructure. The funds will be provided to support the agricultural system financially and improve the agricultural system in India. This scheme will help farmers to be self-dependent and have better income through good infrastructure and better farming practices. The other benefits will be that farmers with low financial backgrounds can also get a chance to start their farming journey through this scheme.
Agriculture Infrastructure Fund Scheme 2024
| Name of the Scheme | Agriculture Infrastructure Fund Scheme |
| Launched By | Government of India |
| Launched Year | 2023 |
| Beneficiary | Citizen of India |
| Objective | To Provide Financial support and funding for Agriculture and its activities. |
| Benefit | People will get financial funding for better farming and Agricultural Infrastructure |
| Application Process | Online |
| Helpline Number | 011-23604888 |
| Official Website | https://agriinfra.dac.gov.in/ |
Agriculture Infrastructure Fund Scheme 2024
The Agriculture Infrastructure Fund Scheme was launched to support farmers by funding them to make their agricultural journey better by providing better infrastructure and better farming practices. As we all know, Agriculture is 58% of the total income source of the population in India. Out of those, 85% of farmers come from small-holding farmers who hold just or less than 2 Hectares of agricultural land. Their income is also low when we compare them with large-holding farmers due to the government of India coming up with this Agriculture Infrastructure Fund Scheme so that farmers get funding to make their farming and agricultural activities better, which leads to better income generation for the farmers.
Agriculture Infrastructure Fund Scheme Loan
The Agriculture Infrastructure Fund Scheme will provide financial loans up to 1 lakh Crore overall, and eligible farmers can get up to 2 Crore loans with low interest rate of 3%. With a maximum repayment time of 7 years.
Agriculture Infrastructure Fund Scheme Objectives
- To Provide long-term loans with low interest rates.
- To Provide Better infrastructure in the Agriculture sector..
- To provide better farming Equipment that can grow production rate.
- This scheme will be implemented in all states of India.
- The main focus will be on rural areas of the state.
- To make farmers self-dependent and enhance their farming journey.
Agriculture Infrastructure Fund Scheme India Benefits
- Better Infrastructure will be provided in the Agriculture sector.
- Financial funding will be provided for the eligible projects and farmers.
- Eligible projects/farmers will get a credit guarantee loan of up to 2 crore.
- The interest rate will be 3%, which is very low.
- The maximum repayment time will be 7 years.
- The total financial facility will be 1 lakh crore overall in this scheme.
- Farmers will be self-dependent by financial aid from the government.
- The income of the farmers will be increased with better equipment and farming techniques
- Over 20,000 crores will be funded in the next 4 years to the farmers and agriculture sector.
Agriculture Infrastructure Fund Scheme Eligible Projects
Post-Harvesting Management Projects:
- Supply Chain services
- Silos
- Warehouse
- Pack Houses
- Cold Chains
- Sorting units and Grading Units
- Primary processing centres
- Logistic facilities
- Ripening chambers
- Assaying units
Farming Assets Including Viable Projects for Building Community
- Bio-stimulant production units
- Organic inputs production
- Infrastructure for smart and precision agriculture
- Projects that are providing supply chain infrastructure for crop export clusters.
- Agencies under PPP that are in community farming assets, which are prompted by central or state governments.
Who Can Apply for The Agriculture Infrastructure Fund Scheme
- Farmer
- Farmer Producers Organization
- Start-Up
- State Agencies
- Agricultural Produce Market Committee
- Agri-Entrepreneur
- State Federations of Cooperatives
- State-sponsored Public-Private Partnership Project
- Central sponsored Public-Private Partnership Project
- Joint Liability Groups
- Local body-sponsored Public-Private Partnership Project
- Primary Agricultural Credit Society
- Self Help Group
- Marketing Cooperative Society
- Multipurpose Cooperative Society
Agriculture Infrastructure Fund Scheme Document
- Loan application Form.
- ID proof such as Aadhar card, PAN card, Voder ID, or Driving License.
- Passport-sized photographs
- Proof of residence
- Income tax returns
- Balance sheets of the last three years
- ROC report of the company
- GST certificate if eligible
- Bank statement
- Project Report
- Land ownership proof
How to Apply for Agriculture Infrastructure Fund Scheme
- First, visit the official website of the Agriculture Infrastructure Fund Scheme
- You can find the beneficiary on the home page; click on it.
- Click on registration, and a new page will appear on your screen
- Enter the required details of yours, such as name, phone number, and Aadhar number.
- After that, you have to verify your mobile number with otp.
- After that, you can log in to the portal.
- After login, you can fill out the application form.
- Upload all the required documents.
- Click on submit, then your application will be successfully submitted.
Agriculture Infrastructure Fund Scheme Helpline Number
- 011-23604888
- 011-23604914
- 011-23604884
Agriculture Infrastructure Fund Scheme Login
You can log in to the Agriculture Infrastructure Fund Scheme portal by visiting the official website of Agriculture Infrastructure Fund Scheme an, then you have to click on login and fill out all the required details; then you will be logged in to the dashboard of the portal. Where you can see all the details of your application and other required details of this scheme.
Agriculture Infrastructure Fund Scheme Punjab Latest News
Punjab has emerged as a leading state in the Agricultural Infrastructure Fund (AIF) scheme, which is run by the Central Government. Because if we look at the entire country, maximum agricultural projects have been approved in the state of Punjab only. Let us tell you that Horticulture Minister Chetan Singh Laurimar himself has given this information. He told that this week Punjab approved 7646 projects costing Rs 3500 crore.
In Conclusion, the India Government has taken very good steps to help the agricultural sector of the country to get better infrastructure and provide funding at low interest rates, which will help the farmers and the industries which are working in agricultural activities. Through this scheme, the government will make sure to have better infrastructure in the agricultural sector, antihate farmers will get financial support to be self-dependent and have better outcomes, and their production and income will increase.
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OFFICIAL WEBSITE:- CLICK HERE
FAQ
Q: What is the Agriculture Infrastructure Fund Scheme?
Ans: The Agriculture Infrastructure Fund Scheme is to provide credit guarantee loans to agricultural projects and farmers.
Q: Who can apply for the Agriculture Infrastructure Fund Scheme?
Ans: Farmers and the people who are working in the agricultural industries can apply for this scheme.
Q: What is the loan amount in this scheme?
Ans: Eligible Farmers/projects can get up to 2 crore of loan in this scheme.
Q: What documents are required to apply for the scheme?
Ans: Aadhar card, PAN card, project report, ownership of the land, income tax return, and proof of residence.