6,540 Cr sanctioned via Agri Infra Fund: Agriculture Minister Narendra Tomar

Share Us

590
6,540 Cr sanctioned via Agri Infra Fund: Agriculture Minister Narendra Tomar
08 Feb 2022
4 min read

News Synopsis

Union Agriculture Minister Mr. Narendra Singh Tomar on Friday informed that the Central Government has processed 9000 applications and released 6,540 crores from the treasury so far for the development of Agri-infra projects while addressing the Rajya Sabha. He while addressing the upper house gave a written statement: “As of date, 16,026 applications for an amount of Rs 10,627 crore have been received on the Agriculture Infra Fund AIF portal. Out of these, 9,019 applications for Rs 6,540 crore have been sanctioned." This amount will help in developing a post-harvest management system and infrastructure which will help Indian agriculture to flourish and a large number of farmers are expected to be benefited from these schemes. It is also believed that AIF with a corpus of 1 lakh crore will be sanctioned by 2025-26.

TWN In-Focus