Question
Consider the following statements regarding the
Agriculture Infrastructure Fund: 1.The fund will support short term debt financing to small and marginal farmers. 2. The duration of the Agriculture Infrastructure Fund is 7 years, which includes a moratorium period of up to 2 years. 3.It aims to invest in viable projects for post-harvest management infrastructure assets through interest subvention and credit guarantee. Which of the statements given above is/are correct?Solution
AIF is a financing facility launched in July 2020. It aims to provide all-around financial support to the farmers, agri-entrepreneurs, farmer groups like Farmer Producer Organisations (FPOs), Self Help Groups (SHGs), Joint Liability Groups (JLGs) etc. and many others to create post-harvest management infrastructure and build community farming assets throughout the country.
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