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