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2022-03-23

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Agriculture Infrastructure Fund (AIF) scheme was launched with an objective to mobilize a medium - long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through incentives and financial support in order to improve agriculture infrastructure in the country. So far, AIF portal has received 19000+ applications seeking subsidized loan worth Rs 13,400 crore under the Agriculture Infrastructure Fund (AIF) scheme. Out of this, a total of 10394 projects have been sanctioned under the scheme worth loan of Rs.7677 crore which includes in principle sanction by NABARD.

Further, to make the scheme more attractive DA&FW have increased project limit of one project per beneficiary to upto 25 projects per beneficiary and also included APMCs, Federations of FPOs, SHGs and Cooperative and State agencies as eligible beneficiaries under the scheme. For the awareness creation Hon’ble Agriculture Minister had conducted two review meetings with the Chief Ministers of all the states (August 2020 and September 2021) and department is conducting various awareness programmes, workshops and review meetings with State Nodal Officers, Bank Officials, Applicants, Agri-entrepreneur, FPOs etc. on a regular basis.

Besides, on the basis of the share in agriculture production, the Rs.1 lakh crore debt financing facility has been tentatively allocated to each of the states and UTs. However, the state wise allocated target issued in the guidelines is indicative in nature. The amount will be distributed among states on first cum first serve basis with the overall financial limit of ₹1 lakh crore under the fund.

The State-wise details including Andhra Pradesh and Telanganaabout number of projects sanctioned along with sanctioned amount under the Agriculture Infrastructure Fund (AIF)is attached as Annexure-I:

Annexure- I

SN

State/ UT

Total sanctioned

No. of projects sanctioned

Amount (In Rs. Crore)

1

Madhya Pradesh

2641

1935.8

2

Andhra Pradesh

1512

1673.6

3

Rajasthan

787

629.1

4

Karnataka

946

437.5

5

Maharashtra

764

493.2

6

Telangana

392

424.9

7

Tamil Nadu

292

361.4

8

Gujarat

457

363.9

9

Uttar Pradesh

769

261.1

10

Haryana

311

238.6

11

Kerala

112

162.2

12

Punjab

206

144.6

13

Bihar

87

102.8

14

Chhattisgarh

233

115.0

15

Odisha

250

102.1

16

West Bengal

345

120.8

17

Uttarakhand

138

33.2

18

Himachal Pradesh

43

17.9

19

Assam

31

28.9

20

Jharkhand

28

14.0

21

Delhi

3

4.6

22

Arunachal Pradesh

2

2.2

23

Chandigarh

1

2.0

24

Mizoram

3

1.8

25

Nagaland

10

1.4

26

Sikkim

11

1.2

27

Jammu and Kashmir

14

2.5

28

Andaman and Nicobar Islands

3

0.3

29

Manipur

1

0.3

30

Goa

2

0.4

 

Grand Total

10394

7677

*The data include in principle sanctioned projects by cooperative banks

This information was given by the Union Minister of Agriculture and Farmers Welfare Shri Narendra Singh Tomar in a written reply in Lok Sabha today.

 

****

APS/JK

Agriculture Infrastructure Fund (AIF) scheme was launched with an objective to mobilize a medium - long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through incentives and financial support in order to improve agriculture infrastructure in the country. So far, AIF portal has received 19000+ applications seeking subsidized loan worth Rs 13,400 crore under the Agriculture Infrastructure Fund (AIF) scheme. Out of this, a total of 10394 projects have been sanctioned under the scheme worth loan of Rs.7677 crore which includes in principle sanction by NABARD.

Further, to make the scheme more attractive DA&FW have increased project limit of one project per beneficiary to upto 25 projects per beneficiary and also included APMCs, Federations of FPOs, SHGs and Cooperative and State agencies as eligible beneficiaries under the scheme. For the awareness creation Hon’ble Agriculture Minister had conducted two review meetings with the Chief Ministers of all the states (August 2020 and September 2021) and department is conducting various awareness programmes, workshops and review meetings with State Nodal Officers, Bank Officials, Applicants, Agri-entrepreneur, FPOs etc. on a regular basis.

Besides, on the basis of the share in agriculture production, the Rs.1 lakh crore debt financing facility has been tentatively allocated to each of the states and UTs. However, the state wise allocated target issued in the guidelines is indicative in nature. The amount will be distributed among states on first cum first serve basis with the overall financial limit of ₹1 lakh crore under the fund.

The State-wise details including Andhra Pradesh and Telanganaabout number of projects sanctioned along with sanctioned amount under the Agriculture Infrastructure Fund (AIF)is attached as Annexure-I:

Annexure- I

SN

State/ UT

Total sanctioned

No. of projects sanctioned

Amount (In Rs. Crore)

1

Madhya Pradesh

2641

1935.8

2

Andhra Pradesh

1512

1673.6

3

Rajasthan

787

629.1

4

Karnataka

946

437.5

5

Maharashtra

764

493.2

6

Telangana

392

424.9

7

Tamil Nadu

292

361.4

8

Gujarat

457

363.9

9

Uttar Pradesh

769

261.1

10

Haryana

311

238.6

11

Kerala

112

162.2

12

Punjab

206

144.6

13

Bihar

87

102.8

14

Chhattisgarh

233

115.0

15

Odisha

250

102.1

16

West Bengal

345

120.8

17

Uttarakhand

138

33.2

18

Himachal Pradesh

43

17.9

19

Assam

31

28.9

20

Jharkhand

28

14.0

21

Delhi

3

4.6

22

Arunachal Pradesh

2

2.2

23

Chandigarh

1

2.0

24

Mizoram

3

1.8

25

Nagaland

10

1.4

26

Sikkim

11

1.2

27

Jammu and Kashmir

14

2.5

28

Andaman and Nicobar Islands

3

0.3

29

Manipur

1

0.3

30

Goa

2

0.4

 

Grand Total

10394

7677

*The data include in principle sanctioned projects by cooperative banks

This information was given by the Union Minister of Agriculture and Farmers Welfare Shri Narendra Singh Tomar in a written reply in Lok Sabha today.

 

****

APS/JK

END
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