Under this Sarkari Yojana, Farmers get Loans up to Rs 2 Crore And Know how to avail the benefits.
Under this government scheme, farmers will get a loan of up to Rs 2 crore.
Under the agri infrastructure fund scheme, farmers are given a loan of up to Rs 2 crore for setting up cold storage, processing units, godowns, and packaging units. The loan is granted for a maximum period of 7 years. Interest discount up to 03% is given on this. In this case, know what is its process and how to take advantage of it.
The Agricultural Infrastructure Fund (AIF) in India is used to promote the development and improvement of the agricultural sector. Its main purpose is to invest in the development and construction of agricultural infrastructure (such as roads, bridges, irrigation facilities, warehouses, etc. Government and private organizations in India support its use to help the structural development of the agricultural sector. Through this, farmers are provided access to technical knowledge, financial infrastructure and other related services.
Under the agri infrastructure fund scheme, farmers are given a loan of up to Rs 2 crore for setting up cold storage, processing units, godowns, packaging units. The central government provides interest concession to farmers for a maximum period of 7 years on loans up to Rs 2 crore up to 3%.
What are the benefits of an agricultural infrastructure fund?
Assistance in development of agricultural sector: through this fund, assistance is provided in infrastructural development for various needs of the agricultural sector such as irrigation facilities, warehouses, etc.
Farmers ‘ prosperity: through the agricultural infrastructure fund, farmers are provided access to technical assistance, financial infrastructure and other related services, which help their prosperity.
Uplifting the economy: this fund also helps in uplifting the economy by strengthening the agriculture sector, as the agriculture sector is the mainstay of the Indian economy.
Employment opportunities: investing in the agricultural sector through this fund also increases employment opportunities, thereby improving the employment situation in rural areas.
How to get an agricultural infrastructure fund?
To avail this scheme, you should visit the official website www.agriinfra.dac.gov.in will go on. Here you must fill in all the information requested. After that, you will register once you click on the Submit button. The applicant will be verified by the Ministry of Agriculture two days after the application.
You will then have to contact your bank to complete other necessary formalities. After verification, you will get complete information from the bank. After all this work, the loan will be processed by the bank within 60 days.