Agriculture Infrastructure Fund Current Affairs, GK & News
Cabinet has approved modifications in the ‘Agriculture Infrastructure Fund’ on July 8, 2021. Key Points This move is aimed at expanding “Rs 1-lakh-crore Agriculture Infrastructure Fund (AIF)”. It will expand the beneficiary institutions including Agricultural Produce Market Committees (APMCs) in order to avail credit of up to Rs 2 crore from AIF. This credit will ..
Month: Current Affairs - July, 2021
The Ministry of Agriculture and Farmer Welfare has recently approved Rs 2,250 crores for the Mission for Integrated Development of Horticulture for the year 2021-22. About the Mission It aims at developing the horticultural sector in India. It covers fruits, vegetables, tuber crops, roots, flowers, bamboo, cocoa, coconut, spices, aromatic plants and cashews. Under the ..
Month: Current Affairs - May, 2021
Category: Government Schemes Current Affairs
The Ministry of Agriculture and Farmers Welfare recently announced that the Agriculture Infrastructure Fund recently crossed Rs 8,000 crore mark. The Ministry has received 8,665 applications so far. The worth of these applications has amounted to Rs 8, 216 crores. Out of this, Rs 4, 000 crores have been sanctioned by the Ministry so far. ..
Category: Economy & Banking Current Affairs
The Prime Minister has launched the Agriculture Infrastructure Fund (Agri Infra Fund) in order to improve the farm gate prices and overall income of the farmers. The fund of Rs 1 trillion will be utilized for giving a fillip to the post-harvest management and also marketing of agricultural produce of the farmers. What are the ..
The Prime Minister Narendra Modi is going to launch a financing facility of Rs 1 lakh crore under Agriculture Infrastructural Fund on August 8. The government approved this fund in order to extend subsidized credit for farm infra projects in the country. What is Agri-Infra Fund? This is part of the Rs 20 lakh crore ..