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Questions and Answers
What is the total outlay of the Animal Husbandry Infrastructure Development Fund (AHIDF) for its implementation up to 2025-26?
What is the total outlay of the Animal Husbandry Infrastructure Development Fund (AHIDF) for its implementation up to 2025-26?
What is the interest subvention provided by the Government of India for loans up to 90% from scheduled banks and other institutions?
What is the interest subvention provided by the Government of India for loans up to 90% from scheduled banks and other institutions?
Which of the following entities are eligible to avail benefits under the AHIDF scheme?
Which of the following entities are eligible to avail benefits under the AHIDF scheme?
What is the purpose of the credit guarantee provided by the Government of India to MSME and Dairy Cooperatives?
What is the purpose of the credit guarantee provided by the Government of India to MSME and Dairy Cooperatives?
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What is the impact of the AHIDF scheme on the milk processing capacity since its inception?
What is the impact of the AHIDF scheme on the milk processing capacity since its inception?
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What is the estimated number of people that will be directly and indirectly employed through entrepreneurship development as a result of the AHIDF scheme?
What is the estimated number of people that will be directly and indirectly employed through entrepreneurship development as a result of the AHIDF scheme?
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What is the primary goal of the AHIDF scheme in terms of farmers' income?
What is the primary goal of the AHIDF scheme in terms of farmers' income?
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What is the expected outcome of incentivization in AHIDF in terms of private investment?
What is the expected outcome of incentivization in AHIDF in terms of private investment?
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What is the current number of farmers that have benefitted directly or indirectly from the AHIDF scheme?
What is the current number of farmers that have benefitted directly or indirectly from the AHIDF scheme?
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What is the ultimate goal of investing in processing and value addition infrastructure under the AHIDF scheme?
What is the ultimate goal of investing in processing and value addition infrastructure under the AHIDF scheme?
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Study Notes
Animal Husbandry Infrastructure Development Fund (AHIDF)
- The Union Cabinet approved the continuation of AHIDF with an outlay of Rs.29,610.25 crore for three years up to 2025-26.
- The scheme aims to incentivize investments in dairy processing and product diversification, meat processing and product diversification, animal feed plant, breed multiplication farm, animal waste to wealth management, and veterinary vaccine and drug production facilities.
Benefits and Eligibility
- The government will provide 3% interest subvention for 8 years, including two years of moratorium, for loans up to 90% from scheduled banks and National Cooperative Development Corporation (NCDC), NABARD, and NDDB.
- Eligible entities include individuals, private companies, FPO, MSME, and Section 8 companies.
- Dairy Cooperatives can also avail benefits for modernization and strengthening of dairy plants.
- The government will provide credit guarantees to MSME and Dairy Cooperatives up to 25% of the credit borrowed from the Credit Guarantee Fund of Rs.750 crore.
Impact and Achievements
- AHIDF has added 141.04 LLPD of milk processing capacity, 79.24 lakh metric ton of feed processing capacity, and 9.06 Lakh metric ton of meat processing capacity since its inception.
- The scheme has increased processing capacity by 2-4% in dairy, meat, and animal feed sectors.
- AHIDF has benefitted approximately 15 lakh farmers directly/indirectly.
Future Potential and Goals
- The scheme exhibits huge potential for upgradation of infrastructure in the Livestock sector with the inclusion of new activities.
- It aims to generate employment directly and indirectly for 35 lakh people through entrepreneurship development and wealth creation in the livestock sector.
- AHIDF is a step towards achieving the Prime Minister's goal of doubling farmers' income by tapping the livestock sector, bringing in private sector investment, and promoting export of Livestock products.
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Description
The Animal Husbandry Infrastructure Development Fund (AHIDF) scheme aims to upgrade infrastructure in the livestock sector, generating employment and wealth creation opportunities.
