Expansion of Agricultural Infrastructure Fund Scheme
On 28th August, 2024, the Union Cabinet approved the progressive expansion in Central Sector Scheme of financing facility under ‘Agriculture Infrastructure Fund (AIF)’ to make it more attractive, impactful and inclusive.
Rationale
- To expand the scope of eligible projects and integrate additional supportive measures.
- To enhance and strengthen the agricultural infrastructure in the country and support the farming community.
Major Highlights
Viable Farming Assets
- The AIF will now encompass all eligible beneficiaries for the creation of infrastructure under viable projects, particularly for building community farming assets.
- This move is expected to facilitate the development of viable projects that will enhance ....
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