TNPSC Thervupettagam

Animal Husbandry Infrastructure Development Fund

February 10 , 2024 293 days 367 0
  • The Union Cabinet has approved the continuation of the Animal Husbandry Infrastructure Development Fund (AHIDF) for another three years till FY2025-26.
  • AHIDF will be implemented under the Infrastructure Development Fund (IDF) with an outlay of 29,610.25 crores.
  • The scheme aims to incentivise investments in dairy processing, meat processing, product diversification, animal feed plants, breed multiplication farms, animal waste to wealth management (agri-waste management), veterinary vaccines and drug production facilities.
  • The government will provide a 3% interest subvention for eight years, including two years of moratorium for a loan up to 90% from the scheduled bank and NCDC, NABARD and NDDB.

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