Blog tagged 'project finance'

Comprehensive Overview of the National Agriculture Infrastructure Financing Facility
project finance

Comprehensive Overview of the National Agriculture Infrastructure Financing Facility

The National Agriculture Infrastructure Financing Facility, under the Department of Agriculture & Farmers Welfare, offers a robust financial framework to support agricultural infrastructure projects across India. With a ₹1 lakh crore funding pool, the facility integrates with existing central and state government schemes and provides an online single-window application platform. Key features include a credit guarantee for loans up to ₹2 crore, a 3% interest subvention for eligible projects, and participation from various lending institutions like Commercial Banks, Cooperative Banks, and NBFCs. The facility also offers a maximum interest subvention period of 7 years, flexible repayment moratoriums, and refinance support from NABARD. This initiative is designed to enhance the agricultural sector’s infrastructure, promoting sustainable growth and development.

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