Question
Consider the following Statements. (i) As part
of AtmaNirbhar Bharat Abhiyan stimulus package, the Department has launched Animal Husbandry infrastructure Development Fund (AHIDF). (ii) Infrastructure for dairy and meat processing and value addition infrastructure, and establishment of animal feed plants by the Farmers Producer Organisation (FPO), individual entrepreneurs, MSMEs, Section 8 companies and private companies are encouraged under the fund. (iii) The scheme envisages up to 90 per cent bank loan with minimum of 10 per cent margin money by the borrower to establish dairy processing and value addition infrastructure, meat processing and value addition infrastructure and establishment of animal feed plant.Solution
As part of AtmaNirbhar Bharat Abhiyan stimulus package, the Department has launched Animal Husbandry infrastructure Development Fund (AHIDF). AHIDF facilitates for incentivisation of investments in establishment of infrastructure for dairy and meat processing and value addition infrastructure, and establishment of animal feed plants by the Farmers Producer Organisation (FPO), individual entrepreneurs, MSMEs, Section 8 companies and private companies. The scheme envisages up to 90 per cent bank loan with minimum of 10 per cent margin money by the borrower to establish dairy processing and value addition infrastructure, meat processing and value addition infrastructure and establishment of animal feed plant. Under this scheme, the Central Government will provide 3 per cent interest subvention to the borrower and also credit guarantee up to 25 per cent of total borrowing. The borrower will get benefit of two years moratorium of loan re-payment and six years of re-payment period thereafter.
Which of the following world organizations published the World Economic Situation and Prospects (WESP) Report?
Which state government has launched the Credit Guarantee Scheme this year to enable small businesses in the state to access formal credit without collat...
Who is the President of the Confederation of Indian Industry ?Â
The Tata Aircraft Complex in Vadodara, Gujarat, is India's first private Final Assembly Line (FAL) for which type of aircraft?
Under the RBI’s cross-border payment draft, how often must real-time nostro reconciliation be carried out by banks?
What does 'BoP' stand for in economic terms?
What is the purpose of constituting a Unit Holder Protection Committee (UHPC) as per the circular issued by SEBI to protect unitholders’ interests ?
Which PSU bank was the first to eliminate the Average Monthly Balance (AMB) requirement completely?
Dr. Usha Thakur was awarded the 12th Vishwa Hindi Samman for her contributions to Hindi literature. Where was this award presented?
After the name of the Bharat Ratna recipient the legendary singer Lata Mangeshkar ji a ‘Chowk’ has been built in which city of the state Utt...