Question
Agriculture Infra Fund (AIF) is created for
post-harvest management infrastructure and community farm assets, with benefits including _____ % interest subvention and credit guarantee support.Solution
Agriculture Infra Fund (AIF) is a financing facility launched on 8th July 2020 under the guidance of Prime Minister Shri Narendra Modi, for creation of post-harvest management infrastructure and community farm assets, with benefits including 3% interest subvention and credit guarantee support. Under this, Rs 1 lakh crore from 2020-21 to 2025-26 provision of funds has been made and interest subvention and credit guarantee assistance will be given till the year 2032-33.
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