Published on: July 7, 2021

AGRI-INFRA FUNDS

AGRI-INFRA FUNDS

What is in news : Centre has extended usage of Agri-Infra funds to APMC developments

About Agri-Infra Fund

  • Central sector scheme
  • Aim – Medium – long term debt financing facility for investments in viable projects for post-harvest management Infrastructure and community farming assets
  • Duration – 2020 to 2029
  • Who are eligible- Farmers, FPOs, PACS, Marketing Cooperative Societies, SHGs, Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Start-ups, and Central/State agency or Local Body sponsored Public-Private Partnership (PPP) Projects

MAHITI FOR PRELIMS : Central Sector Scheme

  • These schemes are 100% funded by the Central government.
  • Implemented by the Central Government machinery.
  • Formulated on subjects mainly from the Union List.

E.g.: Bharatnet, Namami Gange-National Ganga Plan, etc