Animal Husbandry Infrastructure Development Fund

Animal Husbandry Infrastructure Development Fund (AHIDF) Latest News

In response to a question asked in the Rajya Sabha, the Minister of Fisheries, Animal Husbandry, and Dairying responded that the amount of loan sanctioned under the Animal Husbandry Infrastructure Development Fund (AHIDF) is ₹ 10,320 Crores.

About Animal Husbandry Infrastructure Development Fund (AHIDF)

• It is a ₹15,000 crores central sector scheme under the prime minister’s “Atma Nirbhar Bharat Abhiyan” stimulus package.
• It is aimed at boosting investments in animal husbandry infrastructure.
• Implementing Agency: Department of Animal Husbandry and Dairying, Ministry of Fisheries, Animal Husbandry, and Dairying.
• Objectives: 
  • To expand milk and meat processing capacity and help small rural producers connect with organised markets. 
  • To ensure that livestock farmers get better prices for their milk, meat, and other animal products. 
  • To make good-quality milk and meat products that can be easily available for people across the country. 
  • To meet the growing demand for protein-rich food and help reduce malnutrition, especially among children. 
  • To encourage entrepreneurship and create more job opportunities in the livestock sector. 
  • To promote exports and increase the export contribution in the milk and meat sector.
  • To make available quality concentrated animals feed.
• The scheme will incentivize investments for 
  • Dairy processing and value addition infrastructure.
  • Meat processing and value addition infrastructure.
  • Animal Feed Plant.
  • Breed multiplication farm.
  • Animal Waste to Wealth Management (Agri-waste management).
  • Veterinary vaccine and drug production facilities.
• The eligible beneficiaries under the Scheme would be:
  • Farmer Producer Organization (FPO)
  • Private companies
  • Individual entrepreneurs
  • Section 8 companies
  • Micro, Small, and Medium Enterprises (MSMEs)

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Animal Husbandry Infrastructure Development Fund (AHIDF) 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 3% interest subvention to eligible beneficiaries.
• Repayment Period: Maximum of 8 years, including a moratorium period of 2 years.
• 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 the credit facility of the borrower. 
  • Credit Guarantee Fund: Set up and managed by NABARD, the limit of the fund is Rs.750 crore.

Source: PIB