The Agriculture Infrastructure Fund (AIF) scheme, launched by the Government of India, is a crucial initiative aimed at strengthening the agricultural infrastructure across the country. Under this scheme, farmers can avail a 3% interest subsidy on loans up to ₹2 crore for a period of seven years, enabling them to develop modern agricultural facilities.
The AIF scheme supports the development of agricultural infrastructure such as:
Madhya Pradesh has been allocated a target of ₹7,440 crore under the scheme for the period 2025-26. As of now, a total of ₹7,804 crore has been sanctioned across 10,860 projects, surpassing the given target. Additionally, ₹5,978 crore has already been disbursed across 10,047 projects, making Madhya Pradesh the leading state in implementing this scheme.
Performance in FY 2024-25: For FY 2024-25, the central government had set a ₹500 crore target for Madhya Pradesh. However, the state has exceeded expectations, with ₹1,240 crore sanctioned for 2,152 projects, achieving 248% of the allocated target. Additionally, ₹721 crore has been disbursed across 1,745 projects.
Madhya Pradesh Honored with National Award: Recognizing the successful implementation of the Agriculture Infrastructure Fund Scheme, Madhya Pradesh has been awarded the National Award for three consecutive years—2021-22, 2022-23, and 2023-24. This highlights the state's commitment to agricultural infrastructure development and farmer empowerment. The Agriculture Infrastructure Fund Scheme is proving to be a game-changer for farmers, providing them with access to modern agricultural resources, boosting their productivity, and increasing their income.
