AHIDF has created additional 141.04 lakh litre per day of milk processing capacity, 79.24 lakh tonnes of feed processing capacity and 9.06 lakh tonnes of meat processing capacities
The Cabinet has approved the continuation of Animal Husbandry Infrastructure Development Fund (AHIDF), launched in 2020-21, to be implemented under the Infrastructure Development Fund (IDF) with an outlay of ₹29,610.25 crore up to 2025-26.
“The scheme will incentivise investments for dairy processing and product diversification, meat processing and product diversification, animal feed plant, breed multiplication farm, animal waste to wealth management (agri-waste management), veterinary vaccine and drug production facilities,” the government said in a statement.
Under AHIDF, the Centre provides 3 per cent interest subvention for eight years including two years of moratorium for loan up to 90 per cent from any scheduled commercial bank and National Cooperative Development Corporation (NCDC), NABARD and NDDB. Individuals as well as private companies including farmer producer organisations (FPOs), micro, small and medium enterprises (MSMEs) and dairy cooperatives are eligible to avail the credit at subsidised interest rate. The funding is basically intended for modernisation and strengthening of the dairy plants.
