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What is the fund allocated for the Animal Husbandry Infrastructure Development Fund by the Minister of Fisheries,Animal Husbandry and Dairying Shri Giriraj Singh?

What is the fund allocated for the Animal Husbandry Infrastructure Development Fund by the Minister of Fisheries,Animal Husbandry and Dairying Shri Giriraj Singh? Correct Answer 15,000 crores

The correct answer is 15,000 crores.

  • Union Minister of Fisheries, Animal Husbandry and Dairying Shri Giriraj Singh launched the Implementation Guidelines for Animal Husbandry Infrastructure Development Fund (AHIDF) worth Rs. 15,000 crores, which was approved by the Union Cabinet.
  • The Rs 15,000 crore AHIDF for private investors will ensure the availability of capital to meet the upfront investment required for these projects and also help enhance overall returns/ payback for investors.
  • It helps the country in breed improvement to increase milk production and on the other hand also taking care of the processing sector.
  • Dairy Processing Infrastructure Development Fund (DIDF) is being implemented for infrastructure development in the cooperative sector and AHIDF is the first type of scheme for the private sector.
  • AHIDF would facilitate much-needed incentivization of investments in the establishment of such infrastructure for dairy and meat processing and value addition infrastructure and establishment of animal feed plants in the private sector.
  • Using the AHIDF, processing plants can be established for fodder also.

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