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Agriculture Infrastructure Fund Scheme 2022: Registration, Login & Beneficiary

 Agriculture Infrastructure Fund Scheme Online Apply | Agriculture Infrastructure Fund Scheme Registration Form | Agriculture Infrastructure Fund Scheme Beneficiary List

In order to provide various kinds of benefits to the agricultural sector, the Government of India launches various kinds of schemes. Through these schemes financial and infrastructure facilities are provided to the farmers. Recently the Government of India has launched an Agriculture Infrastructure Fund Scheme. Through this scheme, the infrastructure of the agriculture sector will be improved. This article will cover all the important information regarding the scheme. You will get to know complete details regarding the infrastructure fund scheme of agriculture by going through this article.

About Agriculture Infrastructure Fund Scheme 2022

As you all may be aware that agriculture and allied activities are the primary income source of 58% of the total population of India. Nearly 85% of farmers are smallholding farmers who have less than 2 hectares of land under cultivation. The income of these farmers is very low. So in order to cope with this situation the government has launched an Agriculture Infrastructure Fund Scheme. Under this scheme, a long-term debt finance facility will be provided for investment in viable projects for post-harvest management infrastructure and community farming assets. This funding will be provided to farmers, Agri entrepreneurs, startups, etc. There will be three components under this scheme which will be interesting subvention cost, credit guarantee cost, an administration cost of PMU

Objective Of Agriculture Infrastructure Fund Scheme

The main objective of the Agriculture Infrastructure Fund Scheme is to provide a long-term debt facility for investment in viable projects for post-harvest management infrastructure and community farming assets. This assistance will be provided through incentives and financial support so that the agricultural sector of the country can be improved. Benefits of this scheme will be provided to farmers, Agri entrepreneurs, startups, etc. With the implementation of this scheme, the standard of living of farmers will be improved. Other than that farmers will also become self-dependent. Improvement of infrastructure facilities will also increase the income of the farmers. This scheme will also help in improving the overall economy of the country as the majority of citizens of India belong to the agriculture sector

ey Highlights Of Agriculture Infrastructure Fund Scheme

Name Of The SchemeAgriculture Infrastructure Fund Scheme
Launched ByGovernment Of India
BeneficiaryCitizens Of India
ObjectiveTo Provide Funding For Agriculture And Allied Activities
Official WebsiteClick Here
Year2022

Main Features Of Agriculture Infrastructure Fund Scheme

  • This scheme will be in convergence with all the schemes of Central and state government
  • The project management unit will provide handholding support for the project including project preparation
  • The size of the financial facility under the scheme will be 1 lakh crore
  • The credit guarantee for loans will be provided for up to Rs 2 crore
  • The government is going to provide interest subvention of 3% per annum limited to 2 crores per project
  • There will be a cap on the lending rate so that beneficiary of interest subsidy reaches the beneficiary
  • If one eligible entity puts up a project in a different location then all the projects will be eligible under the scheme up to a loan of 2 crore
  • Each such project should be in a location having a separate local government directory code
  • The interest subvention will be available for a maximum period of 7 years
  • The moratorium for payment under the financing facility may vary subject to a minimum of 6 months and a maximum of 2 years

Implementation Period Of The Scheme

  • Implemented period of this scheme is from 2020-21 to 2032-33
  • Loan disbursement under this scheme will be completed in 6 years
  • The projects amounting to about ₹4000 crores have been sanctioned in the financial year 2020
  • The government is going to disburse the balance amount of ₹96000 crores in the coming years
  • ₹16000 crores will be disbursed in 2021-22 and ₹20000 crore will be disbursed in the next 4 years till 2022-23 to 2025-26
  • The repayment of the financing facility will be for a maximum period of 7 years which include a moratorium period of 2 years

Components Of The Scheme

  • Interest subvention cost- Under this component of the scheme 3% interest subvention per annum will be provided up to a limit of 2 crores. The government is going to provide the subvention for a maximum period of 7 years. The national monitoring committee will fix the extent percentage of funding to the private entrepreneurs
  • Credit guarantee cost- Under the credit guarantee fund trust for micro and small enterprise credit guarantee coverage will be provided to the eligible borrower up to a  maximum limit of Rs 2 crore. The fees for this coverage will be paid by the government
  • The administration cost of PMU– PMU support to the scheme at the Central and state level will be provided by the farmer welfare programs implementation society under DSCFW. In order to support the beneficiaries gaps in the supply chain will be filled to target projects and prepare viable project reports

Eligible Projects Under Agriculture Infrastructure Fund Scheme

Post harvest management project

  • Supply chain services which include e-marketing platform
  • Warehouses
  • Silos
  • Pack houses
  • Assaying units
  • Sorting and grading units
  • Cold chains
  • Logistic facilities
  • Primary processing centres
  • Ripening chambers

Viable projects for building community farming assets including

  • Organic inputs production
  • Biostimulant production units
  • Infrastructure for smart and precision agriculture
  • The project identified for providing supply chain infrastructure for a cluster of crops including export clusters
  • Projects that are promoted by central/state/local governments and their Agencies under PPP in community farming assets and post-harvest management projects

Size of financing facility and eligible beneficiary

  • The banks are going to provide a sum of Rs 1 lakh crore as loan to primary agriculture credit society, marketing cooperative society, farmer producer organization, self-help group, farmers joint liability group, multipurpose cooperative society, Agri entrepreneurs, startup and Central or state agency or local body sponsored public-private partnership project, state Agencies, agriculture produce market committees, National and state federation of cooperative etc
  • APMC’S operating regular market for agriculture and allied sector produced including fisheries are also eligible
  • PACS who have adopted digitisation of handling their operation will be given preference under this scheme

Number Of Projects Per Entity Eligible Under The Scheme

  • The government is going to provide interest subvention for loans up to 2 crores in one location
  • If one eligible entity puts a project in a different location then all those projects will be eligible under the scheme for a loan of Rs 2 crore
  • For private sector entities, there will be a limit of a maximum of 25 such project
  • This limitation of 25 projects will not be applicable to state Agencies, natural and state federations of the cooperative, federation of FPO, and federation of SHGS
  • The APMC will be eligible for multiple projects within their designated market area
  • For such cases, interest subvention for a loan up to Rs 2 crore will be provided for each project of different infrastructure types within the designated market area

Participating Institution Under The Scheme

  • Schedule commercial banks
  • Schedule cooperative Bank
  • Regional rural bank
  • Small Finance Bank
  • Nonbanking financial companies
  • National Cooperative Development corporation

Monitoring Framework Of The Scheme

  • The national, state, and district level monitoring committee will ensure the real-time monitoring and effective feedback about the implementation of the scheme’s
  • The government is going to set up a National, state, and district-level committee
  • The assets that will be created under the financing facility will be geotagged
  • The district monitoring committee and the respective lending entity will ensure that the geotagged assets will be available on the online portal
  • The department of expenditure will revisit the scheme after the disbursement of Rs 20000 crore is completed for evaluation and mid-course correction if required

Who Can Apply Under The Scheme?

  • Agricultural Produce Market Committee
  • Agri-Entrepreneur
  • Central sponsored Public-Private Partnership Project
  • Farmer
  • Farmer Producers Organization
  • Federation of Farmer Produce Organisations
  • Joint Liability Groups
  • Local Body sponsored Public-Private Partnership Project
  • Marketing Cooperative Society
  • Multipurpose Cooperative Society
  • National Federations of Cooperatives
  • Primary Agricultural Credit Society
  • Self Help Group
  • Federations of Self Help Groups
  • Start-Up
  • State Agencies
  • State Federations of Cooperatives
  • State-sponsored Public-Private Partnership Project

Required Documents

  • Bank’s loan application form / Customer Request Letter for AIF Loan duly filled and signed
  • Passport size photographs of the promoter/partners/director
  • Identity proof – Voter ID card/PAN card/Aadhaar card/Driving license
  • Address Proof :
    • Residence: Voter ID card/Passport/Aadhaar card/Driving license/Electricity Bill/Latest Property Tax Bill
    • Business Office/Registered Office: Electricity Bill/Latest Property Tax Receipt/Certificate of Incorporation in case of Companies/Certificate of Registration in ca of partnership Firms
  • Proof of Registration:
    • In case of Company: Article of Association
    • In case of Partnership: Certificate of Registration of Firm with Registrar of Firm
    • case of MSMEs: Certificate of Registration with District Industries Centre (DIC)/Udyog Aadhar Copy
  • Income Tax Return for the last three years, If available.
  • Audited Balance Sheet for last 3 Years, If available.
  • GST Certificate, if applicable.
  • Land ownership records – title deed/lease deed. If applicable, then Permission to mortgage the Immovable Property from the Lessor in case the Property is Leasehold (for primary security)
  • ROC Search Report of the Company
  • KYC documents of the promoter/firm/company
  • Copy of Bank Statement for last one year (If available)
  • Repayment track record of existing loans (Loan Statement)
  • Net Worth Statements of promoter
  • Detailed Project Report
  • As applicable – Local authority permissions, Layout plans/estimates, Building sanction

Procedure To Register Under Agriculture Infrastructure Fund Scheme

  • First of all, go to the official website of departmental agriculture and farmer welfare
  • The home page will appear before you
Agriculture Infrastructure Fund Scheme
  • On the homepage, you are required to click on the beneficiary
  • Now you have to click on the registration
Agriculture Infrastructure Fund Scheme
  • A new page will appear before you
  • On this page, you have to enter your name, mobile number, and Aadhar number
  • After that, you have to click on send OTP
  • Now you will receive an OTP
  • After that, you have to enter the OTP into the OTP box and click on verify
  • After that, you will be redirected to a new page
  • On this page, you have to enter all the required details
  • After that you have to click on submit
  • Now you will receive a beneficiary id on your mobile number
  • You have to log in to the portal by using the beneficiary id
  • After that, you have to fill out the application form by entering all the required details
  • Now you have to upload all the required documents
  • After that you have to click on submit
  • By following this procedure you can register under the scheme

Login On The Portal

  • Go to the official website of departmental agriculture and farmer welfare
  • The home page will appear before you
  • Now you are required to click on the login
Login On The Portal
  • The Login form will appear before you
  • In this form, you have to enter the login credentials and click on the login
  • By following this procedure you can log in on the portal

Get Details Regarding Eligible Projects

  • First of all, go to the official website of departmental agriculture and farmer welfare
  • The home page will appear before you
  • Now on the home page, you are required to click on eligible projects
Regarding Eligible Projects
  • A new page will appear on your screen
  • On this page, you can get details regarding eligible projects

Procedure To Get Details Regarding Fund Allocation

  • Go to the official website of departmental agriculture and farmer welfare
  • The home page will appear before you
  • On the home page, you are required to click on fund allocation
Regarding Fund Allocation
  • You will be redirected to a new page
  • On this page, you can get details regarding fund allocation

Procedure To Get Details Regarding Lending Institutions

  • Visit the official website of departmental agriculture and farmer welfare
  • The home page will appear before you
  • Now you have to click on the lending institution
  • The Following options will appear on your screen:-
Agriculture Infrastructure Fund Scheme
Get Details Regarding Lending Institutions
  • You have to click on the option of your choice
  • Require details will be on your computer screen

View Contact Details

  • Visit the official website of departmental agriculture and farmer welfare
  • The home page will appear before you
  • Now you are required to click on contact us
Contact Details
  • A new page will appear on your screen
  • On this page, you can view contact details
Agriculture Infrastructure Fund Scheme 2022: Registration, Login & Beneficiary Reviewed by Sport Articles on मई 03, 2022 Rating: 5

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