In an effort to catalyze the creation of post-harvest management infrastructure and community farming assets, Government of India has launched Agriculture Infrastructure Fund and is providing loans with interest subvention of 3% per annum up to a limit of Rs. 2 crore, according to a statement released by Joint Director of Agriculture.
Under the above scheme, loan will be provided by the banks to all the eligible beneficiaries such as farmers, marketing cooperative societies, agri-entrepreneurs and agriculture start ups. The scheme will facilitate setting up and modernisation of key elements of the value chain including warehouses, silos, sorting and grading units, cold chains and ripening chambers.