Animal Husbandry Infrastructure Development Fund:
In response to a question asked in the Rajya Sabha, the Minister of Fisheries, Animal Husbandry, and Dairying responded that the amount of loan sanctioned under the Animal Husbandry Infrastructure Development Fund (AHIDF) is ₹ 10,320 Crores.
- Animal Husbandry Infrastructure Development Fund (AHIDF) is a central sector scheme under the Prime Minister’s “Atma Nirbhar Bharat Abhiyan” stimulus package.
- It is aimed at boosting investments in animal husbandry infrastructure.
- Implementing Agency: Department of Animal Husbandry and Dairying, Ministry of Fisheries, Animal Husbandry, and Dairying.
- Major Objectives To expand milk and meat processing capacity and help small rural producers connect with organised markets.
- The scheme will incentivize investments for Dairy processing and value addition infrastructure,Meat processing and value addition infrastructure,Animal Feed Plant,Breed multiplication farm,Animal Waste to Wealth Management (Agri-waste management),Veterinary vaccine and drug production
- The eligible beneficiaries under the Scheme would be:
- Farmer Producer Organization (FPO)
- Private companies
- Individual entrepreneurs
- Micro, Small, and Medium Enterprises (MSMEs)
- The beneficiaries are to contribute a minimum of 10% margin money as investment. The balance 90% would be the loan component to be made available by scheduled banks.
- The Government of India will provide 3% interest subvention to eligible beneficiaries.
- From the Credit Guarantee Fund, Credit guarantee would be provided to those sanctioned projects which are covered under MSME-defined ceilings.
- Credit Guarantee Fund Set up and managed by NABARD.
