BHARAT campaign

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Recently, the Ministry of Agriculture & Farmers Welfare launched a new campaign for banks under the Agriculture Infrastructure Fund titled BHARAT (Banks Heralding Accelerated Rural & Agriculture Transformation).

About BHARAT campaign:


  • It is a one month-long Campaign with a target of Rs 7200 crore.
  • It aims to get active involvement and support of members of commercial Banks in the public and private sector, Regional Rural Banks, Small Finance Banks, NBFCs and select cooperative Banks in promoting the Scheme of Agriculture Infrastructure Fund.


What is Agriculture Infrastructure Fund?

  • It is a Central Sector Scheme which was launched in 2020
  • The scheme shall provide a medium - long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through interest subvention and financial support.
  • Duration: The duration of the Scheme shall be from FY2020 to FY2032 (10 years).
  • Benefits
    • All loans under this financing facility will have interest subvention of 3% per annum up to a limit of Rs. 2 crores. This subvention will be available for a maximum period of seven years.
    • Further, credit guarantee coverage will be available for eligible borrowers from this financing facility under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme for a loan up to Rs. 2 crores. The fee for this coverage will be paid by the Government.
    • In case of FPOs the credit guarantee may be availed from the facility created under FPO promotion scheme of Department of Agriculture, Cooperation & Farmers Welfare (DACFW).
    • Moratorium for repayment under this financing facility may vary subject to minimum of 6 months and maximum of 2 years.


Q1) What is Credit Guarantee Fund Trust for Micro and Small Enterprises?

The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) is a financial support initiative established by the Government of India and the Small Industries Development Bank of India (SIDBI) to facilitate access to credit for micro and small enterprises (MSEs).

Source: Shri Manoj Ahuja launches new campaign for banks under Agri Infra Fund titled Banks Heralding Accelerated Rural and Agriculture Transformation Campaign