01/02/2022
AGRICULTURE INFRASTRUCTURE FUND - MADHYA PRADESH
Agriculture Infrastructure Fund – Madhya Pradesh is a part of Rs. 20 lakh Crore stimulus package announced in response to the Covid-19 crisis by the Union Cabinet in July 2020, under which financing facility of Rs 1 lakh Crore has been provided at the national level with the allocation of Rs. 7440 up to Rs. 12000 Crore for the state of Madhya Pradesh.
Aim : To provide medium - long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets.
The funds will be provided for setting up of cold stores and chains, warehousing, silos, assaying, grading and packaging units, e-marketing points linked to e-trading platforms and ripening chambers, besides PPP projects for crop aggregation sponsored by central/state/local bodies etc.
Duration : Financial Year 2020 to 2032.