Pashu Sandesh, 17 July 2020
Union Minister of Fisheries, Animal Husbandry and Dairying, Giriraj Singh on 16th July launched the Implementation Guidelines for Animal Husbandry Infrastructure Development Fund (AHIDF) worth Rs. 15,000 crores, which was approved by the Union Cabinet on 24.06.2020 under the Atma Nirbhar Bharat Abhiyaan stimulus package for ensuring growth in several sectors. Union Minister of State for Fisheries, Animal Husbandry and Dairying Shri Pratap Chandra Sarangi was also present on the occasion.
As per the guidelines, the eligible beneficiaries under the Scheme would be Farmer Producer Organizations (FPOs), MSMEs, Section 8 Companies, Private Companies and inpidual entrepreneurs with minimum 10% margin money contribution by them. The balance 90% would be the loan component to be made available by scheduled banks. Government of India will provide 3% interest subvention to eligible beneficiaries. There will be 2 years moratorium period for the principal loan amount and 6 years repayment period thereafter.
Government of India would also set up a Credit Guarantee Fund of Rs. 750 crore to be managed by NABARD. Credit guarantee would be provided to those sanctioned projects which are covered under MSME defined ceilings. Guarantee Coverage would be up to 25% of Credit facility of the borrower. The beneficiaries intending to invest for establishing dairy and meat processing and value addition infrastructure or strengthening of the existing infrastructure can apply for a loan in the scheduled bank through “Udyami Mitra” portal of SIDBI.
Thanking Prime Minister Shri Narendra Modi for announcing the Animal Husbandry Infrastructure Development fund (AHIDF), Shri Giriraj Singh said that India is engaged in breed improvement to increase milk production and on the other hand also taking care of the processing sector. India is producing milk of 188 million tonnes and by 2024 the milk production is expected to rise up to 330 million tons. Only 20-25% milk is coming under the processing sector and the Government is trying to bring the same up to 40%.
He also informed that the Dairy Processing Infrastructure Development Fund (DIDF) is being implemented for infrastructure development in the cooperative sector and AHIDF is the first type of scheme for the private sector. Millions of farmers will be benefited once the infrastructure is created and more milk will be processed. This will also increase the export of dairy products which is presently negligible. India needs to go up to the standards of countries like New Zealand in the Dairy sector. He expressed satisfaction that during Covid-19 lockdown, dairy farmers could maintain a steady supply of milk to the consumers in the country.
Union Minister of State for Fisheries, Animal Husbandry and Dairying Shri Pratap Chandra Sarangi said that Government has decided to vaccinate 53.5 crore animals and 4 crore animals have already been vaccinated. Breed improvement is taking place through technology intervention. However, we are lagging behind in the processing sector. Using the AHIDF, processing plants can be established for fodder also. This will help in doubling farmers’ incomes and also contribute to achieving Hon’ble Prime Minister’s dream of a 5 trillion dollar economy.