Farmers: On August 21, the federal government determined to extend the Agriculture Infrastructure Fund (AIF) scheme to Rs 1 lakh crore. That is to enhance agriculture-related infrastructure throughout the nation. In accordance with an official announcement, Prime Minister Narendra Modi and the Union Cupboard have given the inexperienced sign to make the Central Sector Financing Facility Scheme beneath AIF extra engaging, environment friendly and inclusive.
Growth and employment will probably be promoted
The federal government has introduced some new schemes to spice up the AIF scheme, which is a giant step to enhance the nation's agricultural infrastructure and assist farmers. Modi shared on X that the Cupboard has taken a significant choice to create 12 industrial areas/cities as a part of the Nationwide Industrial Hall Growth Programme. He mentioned that this won’t solely add crucial infrastructure however will even enhance development and create jobs for lots of people.
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People will probably be helped, clear power will probably be promoted
The federal government is opening up alternatives for individuals to affix tasks that enhance our group's agriculture system and in addition deal with sustainability, talent constructing and productiveness. The Agriculture Infrastructure Fund (AIF) is supposed to assist tasks that mix major and secondary processing. Simply preserve one factor in thoughts: if you’re in search of funds for particular person secondary tasks, you’ll have to strategy the Ministry of Meals Processing fairly than making use of straight. The excellent news is that Element-A of PM-KUSUM is now a part of AIF, which is nice for farmers, farmer teams, cooperatives and native councils as it can promote clear power and improve agricultural infrastructure. Additionally, the federal government is contemplating giving AIF credit score assure to Farmer Producer Organisations (FPOs) by CGTMSE and NAB Conservation Trustee Firm.
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