Q. Consider the following statements regarding “Animal Husbandry Infrastructure Development Fund (AHIDF)”:
1.It was launched in 2020 worth of 15,000crores.
2.Under this scheme, the Central Government provides a 3 per cent interest subvention to the borrower.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Explanation: Cognisant of the importance of allied sectors, the Government has made several critical interventions to enhance infrastructure and improve livestock productivity and disease control.

  • As a part of the Aatmanirbhar Bharat (ANB) stimulus package, the Animal Husbandry Infrastructure Development Fund (AHIDF) worth ₹15,000 crore was launched in 2020.
  • Under this scheme, the Central Government provides a 3 per cent interest subvention to the borrower and credit guarantees up to 25 per cent of total borrowing.

Source: Economic Survey