AGRICULTURAL INFRASTRUCTURE FUND
AGRICULTURAL INFRASTRUCTURE FUNDÂ
- It is a Central Sector Scheme meant for setting up storage and processing facilities, which will help farmers, get higher prices for their crops.
- The AIF is a medium – long term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and credit guarantee.
- The key objective of the Agriculture Infrastructure Fund (AIF) is to provide financial support for agriculture entrepreneurs in order to improve agriculture infrastructure in the country.
- The scheme also entails providing credit guarantee coverage under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) for loans up to Rs. 2 Crore.       AGRICULTURAL INFRASTRUCTURE FUND
OBJECTIVESÂ
 Farmers
- The Agriculture Infrastructure Fund approved by the central government will facilitate formal credit to farm and farm processing- based activities which in return is expected to create several job opportunities in the rural areas.                   AGRICULTURAL INFRASTRUCTURE FUND
- It will boost marketing infrastructure to allow farmers to sell directly to a large consumer base and thus generate income for farmers.
- The Improved marketing infrastructure will farmers to sell directly to a larger base of consumers and hence, increase value realization for the farmers.
- Community farming assets for improved productivity and optimization of inputs will result in substantial savings.
 Agri Entrepreneurs and Startups:
- AIF will improve avenues for collaboration between entrepreneurs and farmers.
- Push for innovation in the agriculture sector using new technologies such as AI, IoT, etc.
 Government
- Direct priority sector lending in the currently unviable projects by supporting through interest subvention, incentive and credit guarantee. This will boost innovation and private sector investment in agriculture.
- Central / Government Agencies or local authorities will be able to construct viable PPP projects to boost investment in agriculture sector.              AGRICULTURAL INFRASTRUCTURE FUND
 Consumers
- A large portion of products reach the market, leading better quality and prices for the Key Buyers.
ALSO READ :Â https://www.brainyias.com/agricultural-extension/
