Question
The Ministry of Agriculture and Farmers’ Welfare,
along with NABARD, recently launched a web portal to streamline and expedite the process of settling interest subvention claims under the Agriculture Infrastructure Fund. This initiative, announced by Union Minister Shri Shivraj Singh Chouhan, is expected to foster better collaboration between banks and agricultural stakeholders. What is the name of the web portal designed for this purpose?Solution
The AIFIS Portal was introduced to streamline the process for settling interest subvention claims under the Agriculture Infrastructure Fund , which supports agriculture-related infrastructure projects. The portal aims to ease the flow of funds and improve coordination between banks and agricultural stakeholders.
The feasibility report has been submitted for further action.
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