Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

PM launches financing facility of Rs one lakh cr under Agriculture Infrastructure Fund

Monday, 10 Aug 2020
Share this on :
Prime Minister Narendra Modi launched a new Central Sector Scheme of financing facility under the Agriculture Infrastructure Fund of Rs one lakh crore on 9 August 2020. 
 
The scheme will support farmers, PACS, FPOs, agri-entrepreneurs, etc in building community farming assets and post-harvest agriculture infrastructure. 
 
These assets will enable farmers to get greater value for their produce as they will be able to store and sell at higher prices, reduce wastage and increase processing and value addition. 
 
An amount of Rs 1,000 crore has been sanctioned to over 2,280 farmer societies under the Agriculture Infrastructure Fund within 30 days of receiving the Cabinet approval for the Central Sector Scheme. 
 
The PM also released the sixth installment under the PM-KISAN scheme of Rs 17,000 crore to nearly 8.5 crore farmers. The cash benefit was transferred directly to their Aadhaar verified bank accounts. 
 
With this transfer, the scheme has provided over Rs 90,000 crore in the hands of more than 10 crore farmers since its launch on 1 December 2018. 
 
The Agriculture Infrastructure Fund is a mediumlong term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and credit guarantee. 
 
The duration of the scheme would be for a period of 10 years from FY2020 to FY2029. Under the scheme, Rs one lakh crore will be provided by banks and financial institutions as loans with interest subvention of three percent per annum and credit guarantee coverage under CGTMSE scheme for loans up to Rs two crore. 
 
The beneficiaries will include farmers, PACS, Marketing Cooperative Societies, FPOs, SHGs, Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Startups, and Central/State agency or Local Body sponsored Public-Private Partnership Projects. 
 
The PM-KISAN scheme was launched in December 2018 to provide income support by way of a cash benefit to all landholding farmers (subject to certain exclusion criteria) to enable them to fulfill their agricultural requirements and support their families. Under the scheme, the financial benefit of Rs 6,000 per year is provided to eligible beneficiary farmers in three equal installments.

 

 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your trial access

Are you...



REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services