Animal Husbandry Infrastructure Development Fund (AHIDF)

Animal Husbandry Infrastructure Development Fund (AHIDF)

Subject: Policy and schemes

Context: The secretary Ministry of Animal Husbandry, Dairying and Fisheries talked of potential social, economic and nutritional benefit investment in animal husbandry can bring from funds like AHIDF can ensure.

Concept:

• Last year as part of Atma Nirbhar Bharat package announcement was made for setting up of Animal Husbandry Infrastructure Development Fund (AHIDF) worth Rs. 15000 crores.
• The AHIDF has been set up with an outlay of ₹15,000 crore. As per the provisions of AHIDF, a project will be eligible for a loan amount that covers up to 90% of the estimated cost – with an interest subvention of 3% for all eligible entities. Applicants can submit the proposal with a complete Detailed Project Report through the UdyamiMitra Portal
• It will benefit FPOs, MSMEs, ection 8 companies, Private Companies and individual entrepreneur with minimum 10% margin money contribution by them
• The loan from fund will have 2 years moratorium period for principal loan amount and 6 years repayment period thereafter
• Objectives of the fund

1. Infrastructure for dairy.
2. Meat processing and
3. Value addition infrastructure and
4. Establishment of animal feed plant in the private sector