MINISTER OF AGRICULTURE AND FARMERS WELFARE
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(a) & (b): Government of India has launched the Central Sector Scheme of financing facility under Agriculture Infrastructure Fund (AIF) to boost Agriculture Infrastructure relating to post harvest management and community farming assets. Under this scheme entities such as farmers, agri entrepreneurs, starts up, Central/ State agency or local body sponsored public private partnership projects etc. can take benefit for setting up eligible infrastructure projects.
Under Rashtriya Krishi Vikas Yojana (RKVY) Scheme of Ministry of Agriculture, grants-in-aid is given to state governments on the basis of the projects approved in State Level Sanctioning Committee Meeting (SLSC). States can take up projects for the development of Agriculture and allied sector in Public Private Partnership (PPP) for Integrated Agriculture Component.
Under Mission for Integrated Development of Horticulture (MIDH) of this Ministry financial assistance in the range of 35% to 55% of eligible projects cost is available in the form of credit linked back ended for creation of Post-Harvest management infrastructure like Pack Houses, Pre-cooling units, Integrated pack houses, Refrigerator van, Primary/mobile Processing unit, cold storage etc farm get level to consumption level. The post-harvest component is demand/entrepreneurs-driven from among entrepreneurs, private companies, cooperatives, farmers groups etc. through commercial ventures for which assistance is available through respective State Horticulture Mission.
(c): The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme is being implemented with a view to provide income support to all landholding farmer families across the country, to enable them to take care of expenses related to agriculture and allied activities as well as domestic needs. The Scheme, effective from 1.12.2018, aims to provide a payment of Rs.6000/- per year for the farmers’ families with cultivable land holding, subject to certain exclusions. The financial benefit of Rs.6000/- is being released by the Central Government in three 4-monthly installments of Rs.2000/- over the year directly into the bank accounts of the eligible farmers under Direct Benefit Transfer mode. It is a new Scheme and so far no impact assessment has been done.
The details of the amount disbursed so far to farmers under PM Kisan Samman Nidhi (PM-KISAN) Yojana in various States is attached at Annexure-I.
(d): Financing facility under AIF has been setup wherein Rs. 1 Lakh Crore is to be provided by banks and financial institutions as loans for creation of agriculture infrastructure. Ministry has allocated an amount of Rs.10736 crores towards interest subvention cost, credit guarantee cost and administration cost of PMU. Loan disbursement under the scheme will be completed in six years and interest subvention and credit guarantee support will be provided till 2032-33.
As on date, Rs. 4338 Cr. has been sanctioned under the scheme to 6262 projects. Funds are being disbursed by banks and construction of infrastructure by various beneficiaries has commenced. Infra type and number of projects sanctioned is at Annexure-II.
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