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Animal Husbandry Infrastructure Development Fund
February 10 , 2024
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- 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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