Union Cabinet approves extension of Animal Husbandry Infrastructure Development Fund (AHIDF) till 2025-26

Posted 02 Feb 2024

Updated 18 Mar 2024

2 min read

Along with extension, new eligible entities and investment sphere have been included under the scheme.
AHIDF was launched in 2020-21 under the Prime Minister’s Atma Nirbhar Bharat Abhiyan stimulus package, for three years.
- AHIDF aims to incentivize investments in sphere such as-
  - Dairy processing, meat processing, and value-addition infrastructure.
  - Now, it has also included Animal Feed Plant, breed multiplication farm, Animal Waste to Wealth Management, etc.

Key Features:
- Scheme Type: Central Sector Scheme
- Implementation Agency: Department of Animal Husbandry and Dairying, Ministry of Fisheries, Animal Husbandry and Dairying.
- Eligible entities: Individual entrepreneurs, private Companies, Farmer Producer Organization (FPOs), Micro, Small and Medium Enterprises (MSMEs) , and Section 8 companies (non-profitable organizations) underCompanies Act, 2013.
  - Now, Dairy Cooperatives are also included under it.
- Loan Facility: Government provides 3% interest subvention for 8 years (including 2 years of moratorium) for loans up to 90% by scheduled banks, NABARD, NDDB, etc.
  - Also, provides credit guarantee to the MSMEs and Dairy Cooperatives up to 25% of the credit borrowed from the Credit Guarantee Fund (CGF).
    - CGF is managed by NABARD.

Increased processing capacity by 2-4% in dairy, meat and animal feed sector since its launch.
Approx.15 lakh farmers benefitted from the scheme so far.
Promoted entrepreneurship, employment generation etc.

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