The Union Cabinet has expanded the scope of the Agricultural Infrastructure Fund (AIF).
The scheme, worth ₹1 lakh crore, would be redesigned to include the financial support for Farmers’ Producers Organisations (FPOs) to enhance their financial security and creditworthiness.
The Centre said the AIF would be more attractive now and strengthen the farm-related infrastructure facilities in the country.
Rs.47,575 crore has been sanctioned for 74,508 projects under AIF till date.