Animal Husbandry Infrastructure Development Fund (AHIDF)

In simple words

A central fund that may give 3% interest subvention on bank loans for dairy, meat processing and animal feed infrastructure.

What you may get

Loan of up to 90% of project cost from a scheduled bank, with 3% interest subvention from the government. Repayment period is up to 8 years including 2 years moratorium (the bank may go up to 10 years from first disbursement).

Who it is for

Farmer Producer Organisations, private companies, individual entrepreneurs, Section 8 companies and MSMEs.

Main eligibility conditions

• Project is an eligible activity such as dairy processing, value added dairy products, meat processing or animal feed manufacturing.
• Micro and small units contribute about 10%, medium enterprises up to 15%, others up to 25%.
• Interest subvention is not given on loans for land, working capital, old machinery and personal vehicles.

Conditions we could not check

• Eligible entities are FPOs, private companies, individual entrepreneurs, Section 8 companies and MSMEs, not ordinary livestock owners.
• The project must be one of the eligible activities such as dairy processing, meat processing or animal feed plants.

Who may not qualify

• No interest subvention if the borrower defaults on repayment in a year.

Documents you may need

• Detailed project report (DPR)

How to apply

1. Submit the proposal with a complete DPR on the Udyami Mitra portal of SIDBI.
2. The scheduled bank appraises and sanctions the project.
3. The bank forwards it to the Department for approval of interest subvention online.

Application fee

We could not confirm an application fee.

Application dates

• Current deadline could not be confirmed. Check the official source.