Schemes by GOI for
Animal Husbandry Infrastructure Development Fund
Government has been implementing several schemes for incentivizing the investment made by the dairy cooperative sector for development of dairy infrastructure. The AHIDF has been set up as MSMEs and Private companies also need to be promoted and incentivized for their involvement in processing and value addition infrastructure.
Benefits:
- The beneficiaries are to contribute a minimum of 10% margin money as investment. The balance 90% would be the loan component to be made available by scheduled banks.
- The Government of India will provide a 3% interest subsidy to eligible beneficiaries.
- There will be a 2 years moratorium period for principal loan amount and 6 years repayment period thereafter.
- From the Credit Guarantee Fund, Credit guarantee would be provided to those sanctioned projects which are covered under MSME defined ceilings. Guarantee Coverage would be up to 25% of Credit facility of the borrower.