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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
