- June 14, 2024
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- Animal Husbandry Infrastructure Development Fund
AHIDF ( Animal Husbandry Infrastructure Development Fund )
The role of infrastructure is crucial for the overall development of Country. Since Indian Economy is based on Agriculture sector, hence the importance of Infrastructural Development in this section has become more prominent. Considering the need of creating more opportunities for increasing Farmer Income and boost up the Animal Husbandry and Dairying Project, the need of Infrastructure is going increased day by day. In View of above, Govt. of India has announced for setting up of Rs. 29110.25 Crores in Animal Husbandry Infrastructure Development Fund (AHIDF) up to FY 2025-2026 till 31 March 2026 under Atma Nirbhar Bharat Abhiyan.
Objective :
The Main objectives of Launching the AHIDF Scheme is to create Agriculture Eco – Systems among Farmers, Businessman, Govt., Banking and Consumers.
A. Farmers (including FPOs):
1) To improve the Animal Husbandry infrastructure that allow farmers to sell directly to a larger base of consumers and hence, increase the overall income of farmers.
2) Give the quick access of market to the Farmers.
3) Community Farming through FPO will help in increasing productivity of Farmers.
B. Government:
1) Through AHIDF, Government will be able to give priority sector lending. This will boost the private sector investment in Animal Husbandry and Dairy Processing.
2) Govt. can reduce the dependency on Agriculture Farming for small farmer.
C. Agri Entrepreneurs and Startups:
1) Interest subvention and Credit Guarantee will boost the Entrepreneurs and it will encourage new innovation in Animal Husbandry and Milk Processing sector.
2) It will create the link between businessman and farmers.
D. Banking ecosystem: With Credit Guarantee, incentive and interest subvention lending institutions will be able to lend with a lower risk. This scheme will help to enlarge their customer base and diversification of portfolio.
E. Consumers:
With reduced inefficiencies in post-harvest ecosystem, key benefit for consumers will be a larger share of produce reaching the market and hence, better quality and prices.
Overall, the investment via the financing facility (AHIDF) in Animal Husbandry infrastructure will benefit all the eco-system players.
Features :
Due to AHIDF’s attractive features, it’s become a Lucrative Financing Facility in all over state of India.
Let’s know the some basic features of this Scheme.
1. AHIDF is converged with all schemes of Central or State Government. It means that if you are pursuing dairying base project through AHIDF then you can take the subsidy benefits of state and central governments as applicable on your project apart from the interest subvention benefits of AHIDF. In other words, AHIDF is a Top Up benefits apart from Capital Subsidy.
2. AHIDF provide a single online window facility in collaboration with participating Banks. Means to say, you just need to take the root of AHIDF for taking bank loan. No other step you need to follow. Once the PMU (Project Management Unit) of AHIDF will approve the Project then your Selective Bank will follow you for funding your project.
3. Size of the financing facility under AHIDF is – ₹ 29110.25 Cr.
4. AHIDF also provide the Interest subvention of 3% p.a. on entire Bank Term Loan. There is no cap on Bank Term Loan.
5. Multiple lending institutions including Commercial Banks, has connected with AHIDF. It will make easy selection of Bank for Project Funding.
6. Interest subvention will be available for a maximum period of 8 years. Moratorium for repayment under this financing facility may vary subject to minimum of 6 months and maximum of 2 years.
7. Benefit of AHIDF can take an Existing Unit and a New Unit.
For, more information on this you are requested to contact our KIP subsidy helpline on Mail – sales@kipfinancial.com and contact Number– +918683898080
KIP Financial Consultancy Pvt. Ltd.
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