August 12, 2025 2:54 PM

Agriculture Infrastructure Fund: Huge push to India’s agri infra

In the heart of Kidigam in Gajapati District of Odisha, the “Sri Maa Majji Gouri” Cashew Industry stands as a powerful visionary entrepreneurship. Established in 2022, this enterprise was born out of a bold vision—to create a primary cashew processing unit that would generate local employment and provide market stability to farmers. With a total project cost of ₹57 lakh, the promoters secured a loan of ₹42.75 lakh from UCO Bank at a highly subsidised interest rate of 5.5% per annum, ...

August 28, 2024 4:53 PM

Cabinet approves expansion of Agriculture Infrastructure Fund

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the expansion of Agriculture Infrastructure Fund (AIF), a financing facility under the Central Sector Scheme. The move is aimed at boosting agricultural infrastructure across India, making the scheme more impactful, inclusive, and appealing to a wider range of beneficiaries. The Government's new measures are set to broaden the scope of eligible projects under the AIF, focusing on the development of viable farming ...