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.
Who took over the rotating presidency of the Council of the European Union for six months?
What technology was NOT mentioned as a focus in the Maharashtra Logistics Policy 2024?
What is the main objective of the "Clean Plant Programme" (CPP) recently approved by the Union Cabinet?
Which country was elected to chair the UN Commission on the Status of Women (CSW) despite criticisms of its women's rights record?
Which state launched KITE GNU Linux 22.04 to enhance digital education in public schools?
Who held a meeting with a Russian delegation led by H.E. Mr. Denis Gribov, Deputy Minister of Education of the Russian Federation, on collaboration in t...
Who authored the recently released book titled “Echoes of Faith: Tales of Explorations, Nature and Divinity”?
Where was India's 500th Community Radio Station "Apna Radio 90.0 FM" inaugurated by the Union Ministry of Information and Broadcasting in July 2024?
What is the target bilateral trade between India and Russia by 2030?
Match the following features of the ‘NAVYA’ initiative with their correct descriptions: