Implementation Period of Agriculture Infrastructure Scheme
The scheme will be functional between 2020-21 and 2029-30. Disbursement in 4 years starting with a penalty of Rs. 10,000 crore in the first year and Rs. 30,000 crore in the next three financial years. The moratorium on repayment under this financing facility could differ, subject to a minimum of 6 months and a maximum of 2 years.
Government Budgetary Support
Budget assistance will be provided for interest and loan guarantee fees as well as the administrative costs of the PMU. The details are as follows:-
|SI. No||Name of Component||Norms|
|Interest Subvention Cost||All loans within this financing facility would have an interest subsidy of 3% per year up to the limit of Rs . 2 crores. This grant will be accessible for a maximum period of 7 years. And in case of loans further than Rs.2 crore, the interest subsidy will be reduced to 2 crores. The extent and percentage of funding for private entrepreneurs out from the overall spending facility may be determined by a national monitoring undertaking.|
|Credit Guarantee Cost||Credit guarantee coverage would be accessible to qualified borrowers of this financing facility under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) loan scheme up to Rs. 2 crores. The Government will pay the fee for this coverage. In the case of FPOs, the loan guarantee may be made available from the facility established under the DACFW FPO promotion scheme.|
|Administration Cost of PMU ||The Farmers Welfare Program Implementation Society under DACFW would provide PMU assistance to the central and state PMUs of PM KISAN at the state level. services of Knowledge partner would be involved to identify clusters, such as export clusters and supply chain gaps, for target projects and to develop promising project reports to assist beneficiaries.|
Avail maximum subsidy – Warehouse subsidy consultant
Eligibility of Agriculture Infrastructure fund
The scheme will promote the establishment and modernization of core components of the value chain, including
(A) Post Harvest Management Projects like:
- (i) Supply chain services including e-marketing platforms
- (ii) Warehouses
- (iv) Pack houses
- (v) Assaying units
- (vi)Sorting &grading units
- (vii) Cold chains
- (viii) Logistics facilities
- (ix)Primary processing centers
- (x) Ripening Chambers
(B) Viable projects for building community farming assets including
- (i) Organic inputs production
- (ii) Bio stimulant production units
- (iii) Infrastructure for smart and precision agriculture.
- (iv) Projects identified for providing supply chain infrastructure for clusters of crops including export clusters.
- (v) Projects promoted by Central/State/Local Governments or their agencies under PPP for building community farming assets or post-harvest management projects.