The scheme will support farmers, PACS, FPOs, Agri-entrepreneurs, etc. in building community farming assets and post-harvest agriculture infrastructure.
These assets will enable farmers to get greater value for their produce as they will be able to store and sell at higher prices, reduce wastage, and increase processing and value addition.
The Centre will bear this expenditure by providing interest subvention of 3 per cent on term loans for post-harvest management. The Centre will also provide a guarantee
The main objective of the AIF is to attract investment in post-harvest infrastructure which has been a weak link in the agricultural supply chain. Thus, warehouses, silos, pack houses, sorting and grading units, cold chain projects, ripening chambers, e-marketing platforms, etc will be eligible for interest subvention of 3 per cent.