The Union Cabinet, on Wednesday (August 28, 2024), expanded the scope of the Agricultural Infrastructure Fund (AIF). ₹47,575 crore has been sanctioned for 74,508 projects under AIF till date. These sanctioned projects have mobilised an investment of ₹ 78,596 crore in the agriculture sector, out of which ₹ 78,433 crore has been mobilised from private entities.
The AIF would be more attractive now and strengthen the farm-related infrastructure facilities in the country. The expansion in the scope of the AIF scheme is poised to further drive growth, improve productivity, enhance farm incomes and contribute to the overall sustainability of agriculture in the country. To allow all eligible beneficiaries of scheme for creation of infrastructure covered under ‘viable projects for building community farming assets’.
Presentation – Dibyabharati Nayak
