- Along with extension, new eligible entities and investment sphere have been included under the scheme.
- AHIDF was launched in 2020-21 under the Prime Minister’s Atma Nirbhar Bharat Abhiyan stimulus package, for three years.
- AHIDF aims to incentivize investments in sphere such as-
- Dairy processing, meat processing, and value-addition infrastructure.
- Now, it has also included Animal Feed Plant, breed multiplication farm, Animal Waste to Wealth Management, etc.
- AHIDF aims to incentivize investments in sphere such as-
- Key Features:
- Scheme Type: Central Sector Scheme
- Implementation Agency: Department of Animal Husbandry and Dairying, Ministry of Fisheries, Animal Husbandry and Dairying.
- Eligible entities: Individual entrepreneurs, private Companies, Farmer Producer Organization (FPOs), Micro, Small and Medium Enterprises (MSMEs) , and Section 8 companies (non-profitable organizations) underCompanies Act, 2013.
- Now, Dairy Cooperatives are also included under it.
- Loan Facility: Government provides 3% interest subvention for 8 years (including 2 years of moratorium) for loans up to 90% by scheduled banks, NABARD, NDDB, etc.
- Also, provides credit guarantee to the MSMEs and Dairy Cooperatives up to 25% of the credit borrowed from the Credit Guarantee Fund (CGF).
- CGF is managed by NABARD.
- Also, provides credit guarantee to the MSMEs and Dairy Cooperatives up to 25% of the credit borrowed from the Credit Guarantee Fund (CGF).
Achievements
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