Agriculture Infrastructure Fund loans cross Rs.1 trillion as Centre targets post-harvest efficiency
New Delhi, Sept. 24 -- Financial support under the Centre's Agriculture Infrastructure Fund (AIF), administered by the ministry of agriculture and farmers welfare, crossed Rs.1 trillion on 23 September, according to two people aware of the matter. The milestone reflects growing investment in primary processing centres, warehouses, cold storage, and other post-harvest facilities aimed at improving the farm-to-market supply chain, these people added.
As of 23 September, lending institutions, including scheduled commercial and cooperative banks, have sanctioned Rs.100,062 crore across 220,762 projects nationwide under the scheme, according to government data reviewed by Mint. In total, the Centre's flagship AIF has mobilized over Rs.171,430...
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