Manoj Ahuja launched a new campaign called BHARAT for Banks under Agri Infra Fund

Manoj Ahuja launched a new campaign called BHARAT for Banks under Agri Infra Fund

• Agriculture Secretary of Ministry of Agriculture and Farmers Welfare, Manoj Ahuja launched a new campaign for banks under Agri Infra Fund name BHARAT (Banks Heralding Accelerated Rural & Agriculture Transformation).

• The campaign will run for a month from 15th July 2023 to 15th August 2023 with a target of raising 7200 crore.

• Agriculture Infrastructure Fund has been approved by the Union Cabinet in 2020.

• The scheme aims to provide medium-long term debt financing facility for investment in viable projects related to post-harvest management infrastructure and community farm assets.

• This scheme provides interest subvention and financial assistance.

• The scheme has been launched for a total of 10 years from FY2020 to FY2032.

Also Read: June 2023 Weekly Current Affairs (International) Bitbank: Which country's public sector net debt has recently exceeded 100% of its GDP?

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Published date : 18 Jul 2023 05:53PM