Question
Central Sector Scheme of financing facility under
Agriculture Infrastructure Fund aims at providing a medium/long term debt financing facility till 2025-2026 through _____ interest subvention and credit guarantee support on loans for creation of post-harvest management infrastructure and community farming assets.Solution
Central Sector Scheme of financing facility under Agriculture Infrastructure Fund aims at providing a medium/long term debt financing facility till 2025-2026 through 3% interest subvention and credit guarantee support on loans for creation of post-harvest management infrastructure and community farming assets. All loans up to a limit of ₹ 2 crores under this financing facility will have interest subvention of 3% per annum. This subvention will be available for a maximum period of 7 years. In case of loans beyond ₹ 2 crores, the interest subvention will be limited up to ₹ 2 crores.
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