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Cabinet approves modifications in Central Sector Scheme of financing facility under ‘Agriculture Infrastructure Fund’

Published By : Admin | July 8, 2021 | 20:42 IST

The Union Cabinet chaired by Hon’ble Prime Minister Shri Narendra Modi today gave its approval to the following modifications in Central Sector Scheme of Financing Facility under ‘Agriculture Infrastructure Fund’:

    1. Eligibility has now been extended to State Agencies/APMCs, National & State Federations of Cooperatives, Federations of Farmers Producers Organizations (FPOs) and Federations of Self Help Groups (SHGs).
    1. At present Interest subvention for a loan upto Rs. 2 crore in one location is eligible under the scheme. In case, one eligible entity puts up projects in different locations then all such projects will be now be eligible for interest subvention for loan upto Rs. 2 crore. However, for a private sector entity there will be a limit of a maximum of 25  such projects. This limitation of 25 projects will not be applicable to state agencies, national and state federations of cooperatives, federations of FPOs and federation of SHGs. Location will mean physical boundary of a village or town having a distinct LGD (Local Government Directory) code. Each of such projects should be in a location having a separate LGD code.
    1. For APMCs, interest subvention for a loan upto Rs. 2 crore will be provided for each project of different infrastructure types e.g. cold storage, sorting, grading and assaying units, silos, et within the same market yard.
    1. The power has been delegated to Hon’ble Minister of Agriculture & Farmers Welfare to make necessary changes with regard to addition or deletion of beneficiary in such a manner so that basic spirit of the scheme is not altere
    1. The period of financial facility has been extended from 4 to 6 years upto 2025-26 and overall period of the scheme has been extended from 10 to 13 upto 2032-33.

The modifications in the Scheme will help to achieve a multiplier effect in generating investments while ensuring that the benefits reach small and marginal farmers.  APMC markets are setup to provide market linkages and create an ecosystem of post-harvest public infrastructure open to all farmers.

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Prime Minister congratulates Abelardo de la Espriella on his victory in the Colombian presidential elections
June 26, 2026

Prime Minister Shri Narendra Modi congratulated Abelardo de la Espriella on his victory in the Colombian presidential elections.

The Prime Minister noted that India deeply values its close friendship with Colombia which continues to grow in all areas. “I convey my best wishes for a successful tenure and look forward to working together to further deepen our bilateral relations in the years ahead”, Shri Modi added.

Shri Modi posted on X;

Heartiest congratulations, Abelardo de la Espriella, on your victory in the Colombian presidential elections.

India values its close friendship with Colombia which continues to grow in all areas. I convey my best wishes for a successful tenure and look forward to working together to further deepen our bilateral relations in the years ahead.

@ABDELAESPRIELLA