educratsweb logo


Union Minister of Fisheries, Animal Husbandry and Dairying Shri Giriraj Singh today launched the Implementation Guidelines for Animal Husbandry Infrastructure Development Fund (AHIDF) worth Rs. 15,000 crores, which was approved by the Union Cabinet on 24.06.2020 under the Atma Nirbhar Bharat Abhiyaan stimulus package for ensuring growth in several sectors. Union Minister of State for Fisheries, Animal Husbandry and Dairying Shri Pratap Chandra Sarangi was also present on the occasion.

 

educratsweb.com

 

Thanking Prime Minister Shri Narendra Modi for announcing the Animal Husbandry Infrastructure Development fund (AHIDF), Shri Giriraj Singh said that India is engaged in breed improvement to increase milk production and on the other hand also taking care of the processing sector. India is producing milk of 188 million tonnes and by 2024 the milk production is expected to rise up to 330 million tons. Only 20-25% milk is coming under processing sector and Government is trying to bring the same upto 40%. He also informed that the Dairy Processing Infrastructure Development Fund (DIDF) is being implemented for infrastructure development in cooperative sector and AHIDF is a first type of scheme for private sector. Millions of farmers will be benefited once the infrastructure is created and more milk will be processed. This will also increase export of dairy products which is presently negligible. India needs to go up to the standards of countries like New Zealand in the Dairy sector. He expressed satisfaction that during Covid-19 lockdown, dairy farmers could maintain steady supply of milk to the consumers in the country.

Government has been implementing several schemes for incentivizing the investment made by dairy cooperative sector for development of dairy infrastructure. The AHIDF has been set up as 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 entrepreneurs 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. The beneficiaries intending to invest for establishing dairy and meat processing and value addition infrastructure or strengthening of the existing infrastructure can apply for loan in the scheduled bank through “Udyami Mitra” portal of SIDBI. 

There is huge potential waiting to be unlocked in investment through private sector. The INR 15,000 crore 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’ incomes. The measures approved through AHIDF would also help in direct and indirect livelihood creation for 35 lakh persons.

Union Minister of State for Fisheries, Animal Husbandry and Dairying Shri Pratap Chandra Sarangi said that Government has decided to vaccinate 53.5 crore animals and 4 crore animals have already been vaccinated. Breed improvement is taking place through technology intervention. However, we are lagging behind in processing sector. Using the AHIDF, processing plants can be established for fodder also. This will help in doubling farmers’ incomes and also contribute in achieving Hon’ble Prime Minister’s dream of a 5 trillion dollar economy.

 

Link of Implementation Guidelines for Animal Husbandry Infrastructure Development Fund

https://pib.gov.in/PressReleasePage.aspx?PRID=1639069

Union Minister of Fisheries, Animal Husbandry and Dairying Shri Giriraj Singh launches the Implementation Guidelines for Animal Husbandry Infrastructure Development Fund
Contents shared By educratsweb.com

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 educratsweb@gmail.com

RELATED POST
1. Shri G C Murmu Takes over as C&AG of India
2. Gadkari emphasises upon improving MSME footprint in 115 aspirational districts*
3. Dawn of A New Era of Peace, Progress & Prosperity in Jammu, Kashmir and Ladakh : A Series of Road & Highway Projects to Give Impetus to Growth
4. Union Minister of Panchayati Raj & Rural Development Shri Narendra Singh Tomar distributes National Panchayat Awards 2020
5. IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
6. PM message on National Handloom Day
7. Union Minister of Textiles and Women & Child Development, Smt Smriti Zubin Irani extends greetings on the occasion of the 6th National Handloom Day
8. Prime Minister Shri Narendra Modi to inaugurate submarine cable connectivity to Andaman & Nicobar Islands (A&NI) on Monday 10th August
9. Union Minister Shri Ram Vilas Paswan urges States and UTs to fully implement One Nation One Ration Card scheme without any delay
10. Shri Mansukh Mandaviya launches the Online Exit Examination system for seafarers
11. PM expresses grief over loss of lives due to plane accident in Kozhikode
12. Inaugural run of Devlali-Danapur Kisan Rail flagged off
13. Vice President asks civil servants to be pro-active change-agents in building a New India
14. Trifed Launches its Own Virtual Office Network to Spearhead Tribal Socio-Economic Development on its 33rd Foundation day
15. Agriculture Mechanization and Technology Division takes various initiatives for farmers’ welfare under Atma Nirbhar Bharat Abhiyaan/Krishi
16. PM expresses grief over loss of lives due to a landslide in Rajamalai, Idukki; announces ex-gratia for the victims
17. Delhi Airport develops portal for all international arriving passengers across India
18. Proposals for the construction of nearly 10.28 Lakh houses approved under PMAY(Urban)
19. PM delivers inaugural addresses at the Higher Education Conclave
20. English rendering of text of PM’s speech at Higher Education Conclave
21. TRIFED Reiterates its commitment towards transformation of tribal lives on the occasion of its Thirty-Third Foundation Day
22. Prof. (Dr.) Pradeep Kumar Joshi takes oath as Chairman, UPSC
23. PM inaugurates Rashtriya Swachhata Kendra - an interactive experience centre on the Swachh Bharat Mission
24. PM to inaugurate Rashtriya Swachhata Kendra tomorrow
25. Ministry of Tourism is organising five webinars of Dekho Apna Desh webinar series to celebrate Independence Day
26. Webinar on New Technologies for various Products related to COVID 19 for MSMEs with focus of Water Purification Technologies
27. MyGov Announces Winners of ‘AatmaNirbhar Bharat App Innovation Challenge’; Encourages the Spirit of Self-Reliance & Innovation
28. Ministry of Jal Shakti launches new version of India Water Resources Information System
29. 21 ESIC Hospitals Converted into Dedicated COVID-19 Hospitals Across the Country with the Facility of 2400 Isolation Beds: Santosh Gangwar
30. Lord Ram temple will boost the Religious/Spiritual tourism- Tourism Minister
31. National Handloom Day on 07th August 2020- Function being organized by Ministry of Textiles on Virtual Platform
32. Ministry of HRD and MyGov jointly organise online essay competition
33. Jal Jeevan Mission: A reservoir of clean water & employment opportunities
34. NITI Aayog’s Atal Innovation Mission unveils National Winners of the ATL Tinkering Marathon 2019
35. SAI launches Khelo India Mobile App online training program for principals, PE Teachers
36. PM condoles the loss of lives due to fire at hospital in Ahmedabad
37. PM to launch financing facility under Agriculture Infrastructure Fund and release benefits under PM-KISAN tomorrow
38. Curriculum redesigning for NSNIS Diploma and strengthening faculty at NCSC among key decisions taken by SAI Academic Council
39. Pradhan Mantri Garib Kalyan Anna Yojana Phase-I
40. India and Japan are looking to have trusted partners from authentic investors: Shri Piyush Goyal
41. Anupama Pathak, Bhojpuri Actress: Profile, Wiki, Husband, Age and Family
42. PM performs Bhoomi Pujan at Shree Ram Janmabhoomi Mandir
43. Pradhan Mantri Garib Kalyan Anna Yojana Phase-I: April 2020 to June 2020
44. Hydro-Meteorological Hazards Risk Reduction: Webinar series jointly organised by National Institute of Disaster Management (NIDM) and India Meteorological Department (IMD)
45. Goa joins MyGov Citizen Engagement Platform; 12 states had already launched their MyGov Platforms
46. National Institute of Disaster Management (NIDM) Webinar Series on “Hydro-Meteorological Hazard Risk Reduction” concludes
47. Defence Institute of Advanced Technology wins first prize in Smart India Hackathon-2020
48. Union Home Minister, Shri Amit Shah says Ram Temple Bhoomi Pujan in Ayodhya is a historic and proud day for India
49. First ever online patriotic film festival kicks off on 7th August
50. Assam gets own 24/7 Doordarshan Channel
We would love to hear your thoughts, concerns or problems with anything so we can improve our website educratsweb.com ! visit https://forms.gle/jDz4fFqXuvSfQmUC9 and submit your valuable feedback.
Save this page as PDF | Recommend to your Friends

http://educratsweb(dot)com http://educratsweb.com/content.php?id=2923 http://educratsweb.com educratsweb.com educratsweb