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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 condoles loss of lives in a mishap in Surat, Gujarat
June 02, 2026
PM announces ex-gratia from PMNRF

Prime Minister Shri Narendra Modi today expressed deep pain over the tragic mishap in Surat district, Gujarat. He extended his heartfelt condolences to those who have lost their loved ones and prayed for the earliest recovery of the injured. The Prime Minister noted that rescue operations are underway and authorities are providing all possible assistance at the accident site.

The Prime Minister has announced an ex-gratia of Rs. 2 lakh from the Prime Minister’s National Relief Fund (PMNRF) for the next of kin of each deceased. Shri Modi also noted that Rs. 50,000 would be provided to those who sustained injuries in the incident.

The Prime Minister posted on X:

"Deeply pained to hear about a mishap in Surat district, Gujarat. My condolences to those who have lost their loved ones. May the injured recover at the earliest. Rescue operations are underway and authorities are providing all possible assistance at the accident site.

An ex-gratia of Rs. 2 lakh from PMNRF would be given to the next of kin of each deceased. The injured would be given Rs. 50,000: PM"