Animal Husbandry Infrastructure Development Fund (AHIDF)
Features & Benefits
The Animal Husbandry Infrastructure Development Fund (AHIDF) is a central sector scheme launched under the Prime Minister's Atmanirbhar Bharat Abhiyan stimulus package. With a fund allocation of ₹15,000 crore, the AHIDF aims to incentivize investments in the animal husbandry sector by providing financial support to various stakeholders.
Eligible Activities
- Dairy Processing: Establishment and strengthening of dairy processing units, including packaging and value-added dairy product manufacturing.
- Meat Processing: Establishment and strengthening of meat processing units, including value addition facilities for products like sausages, nuggets, etc.
- Animal Feed Plants: Setting up plants for manufacturing animal feed.
- Breed Improvement: Technologies for breed improvement and multiplication farms.
- Setting up of Veterinary Vaccine and Drugs Production facilities: Establishing facilities for the production of veterinary vaccines and drugs.
- Waste Management: Animal/Agri waste management, including the conversion of animal waste into useful products.
Key features
- Interest Subvention: An interest subvention of 3% to encourage investment in vital livestock industry areas.
- Repayment Period: A maximum repayment period of 8 years, including a 2-year moratorium on principal repayment.
- Loan Coverage: up to 90% of the project cost for bankable projects.
Eligibility
Eligible Beneficiaries
- Individual entrepreneurs
- Private companies
- Section 8 companies
- Micro Small and Medium Enterprises
- Farmer Producer Organization (FPO)
- Dairy Cooperatives
Eligible Activities
- Dairy processing and value addition infrastructure.
- Meat processing and value addition infrastructure.
- Animal Feed manufacturing units and strengthening of existing.
- Breed Improvement Technology and Breed Multiplication Farm.
- Setting up of Veterinary Vaccine and Drugs Production facilities.
- Animal Waste to Wealth Management (Agri Waste Management).
Terms & Conditions
Quantum of Finance & Margin
- Minimum of 10% for Micro & Small Units
- Minimum of 15% for Medium Enterprises
- Minimum of 25% for other categories of enterprises
Period
- Maximum repayment Period: 8 years (96 M) inclusive of moratorium of 2 years on principal amount Interest shall be serviced during Holiday period.
Repayment
- Principal - Monthly/Quarterly/Half yearly instalments depending upon cash flow. Graded instalments are also allowed.
- Interest – Monthly
Repayment holiday
- 2 years on principal amount. Interest shall be serviced during holiday period.
Primary Security
- Hypothecation of Assets Created out of loan.
- Mortgage of landed property where the proposed project considered for finance is constructed.
Collateral Security
- For loan above Rs.10 Lakhs - The facilities under the scheme should have a collateral coverage of 150%.
PSL Classification
- Priority – Agri Ancillary
- Loans to Food and Agro-processing up to an aggregate sanctioned limit of ₹100 crore per borrower from the banking system.
- Loans up to Rs.50 Crore to Start-ups, as per definition of Ministry of Commerce and Industry, GOI that are engaged in Agriculture and Allied services.
Interest Rates & Charges
Please visit the rates and charges page for details