Projects worth ₹50,000 cr get support of agri-infra fund
Financial Express Delhi|December 06, 2024
THE AGRICULTURE MINISTRY has approved proposals worth ₹51,000 crore under Agri Infrastructure Fund (AIF) for more than 83,000 projects since its launch four years back.
SANDIP DAS
Projects worth ₹50,000 cr get support of agri-infra fund

Sources said that so far these sanctioned projects have mobilised an investment of ₹83,763 crore in the agriculture sector, out of which a large chunk has been mobilised from private entities.

The AIF, which was launched in May 2020, aims at disbursing ₹1 lakh crore through banks and financial institutions by the end of FY26.

"While first two years under the fund are considered as gestation period, improved marketing infrastructure and logistics at the farm gate would reduce post-harvest losses and increase farmers' remuneration," an official said.

Esta historia es de la edición December 06, 2024 de Financial Express Delhi.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición December 06, 2024 de Financial Express Delhi.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE FINANCIAL EXPRESS DELHIVer todo
Financial Express Delhi

A big display for entertainment

A budget phone that provides a hasslefree experience

time-read
1 min  |
January 20, 2025
Financial Express Delhi

Mkt volatility may force life insurers to rethink ULIP plans

A prolonged volatility in the stock markets could dampen the investor appetite for unit linked insurance plans (ULIPs), prompting life insurers to shift the focus towards guaranteed income and pure protection plans like term insurance, industry experts said.

time-read
1 min  |
January 20, 2025
Financial Express Delhi

India-Oman FTA talks nearing completion

INDIA WILL GET MARKET ACCESS FOR 98% OF ITEMS

time-read
1 min  |
January 20, 2025
Financial Express Delhi

The promise and perils of agentic AI

● Guardrails are needed for its safe and responsible use

time-read
2 minutos  |
January 20, 2025
Financial Express Delhi

Trump holds victory rally ahead of inauguration

Mukesh, wife Nita to attend the event

time-read
1 min  |
January 20, 2025
Financial Express Delhi

Need for speed

● Are brands ready yet to join the pickleball party?

time-read
2 minutos  |
January 20, 2025
Financial Express Delhi

We are living in a 24x7 economy

A FEW DAYS AGO, L&T chairman SN Subrahmanyan's comments on the 90-hour work week, and \"how long can you stare at your wife\", followed by company's HR head Sonica Muraleedharan's subsequent clarificatory statement, have sparked widespread public debate.

time-read
3 minutos  |
January 20, 2025
Financial Express Delhi

Modi hails makers of Constitution, lauds EC for impartial polls

ADDRESSING THIS YEAR'S first edition of his monthly broadcast, Mann Ki Baat, Prime Minister Narendra Modi paid tribute to the makers of the Constitution-B R Ambedkar, Rajendra Prasad and Shyama Prasad Mukherjee, who participated in the Constituent Assembly debates.

time-read
1 min  |
January 20, 2025
Financial Express Delhi

Aadhar Housing Finance aims to grow AUM by 22%: MD

AADHAR HOUSING FINANCE is expected to grow its assets under management by 22% by the end of the current fiscal, managing director and CEO Rishi Anand said in an email interaction.

time-read
1 min  |
January 20, 2025
Financial Express Delhi

MRF: Crude prices, Re-slide driving surge in tyre prices

RISING CRUDE OIL prices and a depreciating rupee are driving up tyre costs, according to Arun Mammen, vice chairman and managing director of MRF.

time-read
1 min  |
January 20, 2025