Animal Husbandry Infrastructure Development Fund

About Animal Husbandry Infrastructure Development Fund

  • Animal Husbandry Infrastructure Development (AHIDF) is a Central Sector Scheme. It was launched by the Ministry of Animal Husbandry, Fisheries, and Dairying.
  • Aim: To facilitate incentivization of investments for
    • Dairy processing and value addition infrastructure
    • Meat processing and value addition infrastructure and
    • Animal Feed Plant.
  • Objectives:
    • To help increase milk and meat processing capacity and increase exports from these sectors
    • To develop entrepreneurship and generate employment
    • It would increase the price realization for the producer
    • To make available quality concentrated animals feed to cattle, buffalo, sheep, goat, pig to poultry.
  • Eligibility: The following entities will be eligible under AHIDF
    • Farmer Producer Organization(FPO)
    • Private companies
    • Individual entrepreneurs
    • Section 8 companies
    • Micro Small and Medium Enterprises.
  • Benefits under the scheme:
    • Loan Contribution: The beneficiaries are to contribute a minimum of 10% margin money as an investment. The balance of 90% would be the loan component to be made available by scheduled banks.
    • Interest Subvention: The Government of India will provide a 3% interest subvention to eligible beneficiaries.
    • Loan Moratorium: There will be a 2 years moratorium period for the principal loan amount and 6 years repayment period thereafter.
    • Credit Guarantee Fund: NABARD would maintain a Credit Guarantee Fund. It would provide a Credit guarantee to those sanctioned projects which are covered under MSME defined ceilings. Guarantee Coverage would be up to 25% of the Credit facility of the borrower.

Source: The Hindu

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