Tag : # ESTABLISHMENT
Cabinet approves establishment of Animal Husbandry Infrastructure Development Fund
In pursuance of recently announced Atma Nirbhar Bharat Abhiyan stimulus package for ensuring growth in several sectors, the Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved setting up of Animal Husbandry Infrastructure Development Fund (AHIDF) worth Rs. 15000 crore.
Government has been implementing several schemes for incentivizing the investment made by dairy cooperative sector for development of dairy infrastructure. However, government realizes that even MSMEs and Private companies also need to be promoted and incentivized for their involvement in processing and value addition infrastructure. AHIDF would facilitate much needed incentivisation of investments in establishment of such infrastructure for dairy and meat processing and value addition infrastructure and establishment of animal feed plant in the private sector. The eligible beneficiaries under the Scheme would be Farmer Producer Organizations (FPOs), MSMEs, Section 8 Companies, Private Companies and individual entrepreneur with minimum 10% margin money contribution by them. The balance 90% would be the loan component to be made available by scheduled banks.
Government of India will provide 3% interest subvention to eligible beneficiaries. There will be 2 years moratorium period for principal loan amount and 6 years repayment period thereafter.
Government of India would also set up Credit Guarantee Fund of Rs. 750 crore to be managed by NABARD. Credit guarantee would be provided to those sanctioned projects which are covered under MSME defined ceilings. Guarantee Coverage would be upto 25% of Credit facility of borrower.
There is huge potential waiting to be unlocked in investment through private sector. The INR 15,000 cr. AHIDF and the interest subvention scheme for private investors will ensure availability of capital to meet upfront investment required for these projects and also help enhance overall returns/ pay back for investors. Such investments in processing and value addition infrastructure by eligible beneficiaries would also promote export of these processed and value added commodities.
Since, almost 50-60% of final value of dairy output in India flows back to farmers, therefore, growth in this sector can have significant direct impact on farmer’s income. Size of dairy market and farmers’ realization from milk sales is closely linked with development of organized off-take by cooperative and private dairies. Thus, investment incentivization in AHIDF would not only leverage 7 times private investment but would also motivate farmers to invest more on inputs thereby driving higher productivity leading to increase in farmers income. The measures approved today through AHIDF would also help in direct and indirect livelihood creation for 35 lakh.
There #50-60% #Abhiyan #Affairs #Animal #Bharat #Cabinet #Committee #Companies #Coverage #Credit #Development #Economic #Farmer #Fund
In #Guarantee #However #Husbandry #Infrastructure #Minister #NABARD. #Narendra #Nirbhar #Organizations #PressReleseDetailm.aspx?PRID=1633918
#Private #Producer #Scheme #Section #addition #almost #amount #animal #announced #approved #approves #availability #available #balance #banks.
#beneficiaries #beneficiaries. #borrower.
#capital #ceilings. #chaired #closely #commodities.
#companies #component #contribution #cooperative #covered #creation #crore.
#dairies. #defined #development #direct #driving #eligible #enhance #ensure #ensuring #entrepreneur #establishment #export #facilitate #facility #farmer&rsquo #farmers #farmers&rsquo #government #growth #guarantee #higher #impact #implementing #incentivisation #incentivization #incentivized #incentivizing #income. #increase #indirect #individual #infrastructure #infrastructure. #inputs #interest #invest #investment #investments #investors #investors.  #involvement #lakh.
https: #leading #leverage #linked #livelihood #managed #margin #market #measures #minimum #moratorium #motivate #needed #off-take #organized #output #overall #package #period #pib.gov.in #potential #principal #private #processed #processing #productivity #projects #promote #promoted #provide #provided #pursuance #realization #realizes #recently #repayment #required #returns #sanctioned #scheduled #scheme #schemes #sector #sector. #sectors #setting #several #significant #stimulus #subvention #thereafter.
#thereby #therefore #through #unlocked #upfront #waiting
if you have any information regarding Job, Study Material or any other information related to career. you can Post your article on our website. Click here to Register
& Share your contents.
For Advertisment or any query email us at email@example.com
1. Redevelopment of CSMT Railway Station
After the in principle approval of Public Private Partnership Appraisal Committee (PPPAC) for the redevelopment of Chhatrapati Shivaji Maharaj Terminus (Mumbai) Railway Station on PPP mode, Request for Qualification (RFQ) for redevelopment of Chhatrapati Shivaji Maharaj Terminus (Mumbai) on PPP has been invited by IRSDC vide NIT published on 20.08.2020. The RFQ document is available on http://irsdc.enivida.com/. The Pre Bid Conference is schedu
4. EDII to set up an entrepreneurship development center in Bhutan
EDII to set up an entrepreneurship development center in Bhutan
The Institute has organised a two-day policy makers’ workshop to gain insights into Bhutan’s entrepreneurial landscape, the resources that can be harnessed so that an appropriate strategy could be formulated to float an Entrepreneurship Development Centre in the country based on the feasibility study that will follow this workshop.
July 13, 2021: En
6. Skill India Establishes First Centre of Excellence for Skill Development in Power Sector
In a significant development and in line with the commitment to skill development and vocational training, the Ministry of Skill Development and Entrepreneurship, Government of India, the Ministry of National Education and Youth, Government of the French Republic and Schneider Electric, today announced the inauguration of first Center of Excellence(CoE) for skill development in power sector in the campus of National Institute of Solar Energy (NISE) located at Gwal Pahari, Gurugram (Haryana)to creat
7. Finance Minister launches an Online Dashboard for the National Infrastructure Pipeline
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman inaugurated the National Infrastructure Pipeline (NIP) Online Dashboard here today through video conferencing.
The online dashboard is envisaged as a one stop solution for all stakeholders looking for information on infrastructure projects in New India. The dashboard is being hosted on the India Investment Grid (IIG) (www.indiainvestmentgrid.gov.in). IIG is an interacti
8. Cabinet approves continuation of centrally sponsored scheme National AYUSH Mission
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the continuationof National AYUSH Mission (NAM) as a Centrally Sponsored Scheme from 01-04-2021 to 31-03-2026 with financial implication of Rs. 4607.30 crore (Rs 3,000 crore as Central Share and Rs. 1607.30 crore as State Share). The Mission was launched on 15-09-2014.
India possess an unmatched heritage represented by its traditional systems of medicine like Ayurveda, S
11. Centre approves the Action Plan of Rajasthan for implementation of Jal Jeevan Mission (JJM)
Centre approves the Action Plan of Rajasthan for implementation of Jal Jeevan Mission (JJM)
Ministry of Jal Shakti has been working with the States in preparing a roadmap to implement Union Government’s flagship programme Jal Jeevan Mission (JJM), which aims to provide 55 litres of potable water per person per day to every rural household of the country by 2024. JJM aims to improve the lives of rural people especially women and girls by reducing their drudgery.
To take the pro
13. Govt of India approves Rs 445 Crore for implementation of Jal Jeevan Mission in Chhattisgarh during 2020-21
Govt of India approves Rs 445 Crore for implementation of Jal Jeevan Mission in Chhattisgarh during 2020-21
Chhattisgarh State presented their Annual Action Plan for 2020-21 for consideration and approval of Ministry of Jal Shakti. Significantly, Jal Jeevan Mission launched under the Ministry of Jal Shakti is aimed to provide adequate potable drinking water of prescribed quality on regular and long-term basis to every rural household of the country by the 2024. A budget of whopping Rs 3
15. Cabinet Secretary reviews the management of COVID-19 in nine States with high active case load
A graded, proactive, progressive and well coordinated strategy of COVID-19 management between the centre and States/UTs has resulted in ever-increasing Recoveries in the country, with progressively falling Case Fatality Rate. There are, however, some States which have in the recent past shown high rise in daily number of active cases and are emerging as concern areas from COVID management point o
16. President approves 84 Gallantry Awards and other decorations to personnel of Armed and Paramilitary Forces
President Shri Ram Nath Kovind, who is also the Supreme Commander of the Armed Forces, has approved 84 awards and decorations to the Armed Forces personnel and members of the Paramilitary Forces. The awards include one Kirti Chakra, nine Shaurya Chakras, five Bar to Sena Medals (Gallantry), 60 Sena Medals (Gallantry), four Nao Sena Medals (Gallantry)and five Vayu Sena Medals (Gallantry).
The President has also approved 19 Mention-in-Despatches to the Army Personnel for their significant contrib
17. National Fish Farmers Day 2020 celebrated - Department of Fisheries in association with National Fisheries Development Board interacts with fishermen, scientists and entrepreneurs through webinar
On the occasion of National Fish Farmers Day, a webinar was hosted today by the Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying in association with the National Fisheries Development Board (NFDB). The occasion was graced by Shri Giriraj Singh, Union Minister for Fisheries, Animal Husbandry and Dairying, Shri P. C. Sarangi, Minister of State for Fisheries, Animal Husbandry and Dairying, Dr. Rajeev Ranjan, Secretary, Department of Fisheries, Government of India and senior offi
18. Cabinet approves setting up of National Recruitment Agency to conduct Common Eligibility Test
Cabinet approves creation of National Recruitment Agency (NRA), paving the way for a transformational reform in the recruitment process for central government jobs
NRA: A Multi-Agency Body to encompass the first level test by the Staff Selection Commission (SSC), the Railway Recruitment Boards (RRBs) and the Institute of Banking Service Personnel (IBPS)
Common eligibility Test (CET) to screen candidates at the
19. Cabinet approves Scheme of Amalgamation of Lakshmi Vilas Bank with DBS Bank India Limited
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has given its approval to the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL). On 17.11.2020, to protect depositors' interest and in the interest of financial and banking stability, on RBI's application under section 45 of the Banking Regulation Act, 1949, LVB had been under moratorium for a period of 30 days. In parallel, RBI, in consultation with Government, superseded the Board of
22. Gadkari calls for enhanced international investment in Infrastructure and MSME sector
Union Minister for Road Transport, Highways and MSMEs Shri Nitin Gadkari has called for increased investment by international institutions and bodies in the Indian Highways and MSME sectors. He said, automobile and MSME are the two growth engines of Indian economy.
Addressing the Indo-Australian Chamber of Commerce and Womennovator on Trade Investment and collaborations in Road infrastructure and MSMEs today, the Minister said, India and Australia are already co-operating in the road safety sec