Animal Husbandry Infrastructure Development Fund

The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved setting up of Animal Husbandry Infrastructure Development Fund (AHIDF) amounting to Rs. 15000 crore.Government had earlier approved the Dairy Infrastructure Development Fund (DIDF) worth Rs. 10,000 crores for incentivizing investment by cooperative sector for development of dairy infrastructure. 

• The AHIDF would incentive infrastructure investments in dairy, meat processing and animal feed plants. The eligible beneficiaries under the Scheme would be Farmer Producer Organizations (FPOs), MSMEs, etc with only 10% margin money contribution by them. The balance 90% would be the loan component to be made available to them by scheduled banks.
• Government of India will provide 3% interest subvention to eligible beneficiaries. There will be 2 years moratorium period for repayment of loan with 6 years repayment period thereafter. 

Benefits :

• There is huge potential waiting to be unlocked through private sector investment in animal husbandry sector.
  
• Such investments in processing and infrastructure by eligible beneficiaries would also promote exports. 
  
• The measures approved today through AHIDF would also help in direct and indirect livelihood creation for about 35 lakh persons.