Launch Year 2021 Special Focus:

North Eastern and

Andaman and
Centrally Nicobar Islands
Type
Sponsored

Agriculture
NationalInfrastructure Fund
Food Security Mission-
Subsume
Oil Palm programme
 Agriculture Infrastructure Fund

CENTRAL SECTOR SCHEME of financing facility

Agriculture
Pradhan Mantri
Infrastructure
Fasal Bima
Fund
Yojana
 Agriculture
Pradhan Mantri
Infrastructure
Fasal Bima
Fund
Yojana

To provide medium-long term debt-financing facility

Aim for investment in viable projects

Type Centre Sector Scheme

Rs. 1 Lakh Crore (will be provided by banks and financial

Budget
institutions as loans to eligible beneficiaries).

Duration Till 2032-33 (13 years).

 Agriculture
Pradhan Mantri
Infrastructure
Fasal Bima
Fund
Yojana

Funding For?

Post-Harvest Management
Community Farming Assets
Infrastructure
 Agriculture
Pradhan Mantri
Infrastructure
Fasal Bima
Fund
Yojana

Funding By?
Scheduled Commercial Banks Small Finance Banks

scheduled Cooperative Banks Non-Banking Financial Companies (NBFCs)

National Cooperative
Regional Rural Banks (RRBs) Development Corporation (NCDC)

After signing of Memorandum of Understanding (MoU) with National Bank for Agriculture & Rural
Development (NABARD)/DA&FW
 Agriculture
Pradhan Mantri
Infrastructure
Fasal Bima
Fund
Yojana

Beneficiaries

Farmers, Farmer Producer Organizations, Primary Agricultural Credit Society

Marketing Cooperative Societies, Self Help Groups, Joint Liability Groups, Multipurpose
Cooperative Societies

Agri-entrepreneurs, Start-ups

Central/State agency or Local Body sponsored PPP Projects

State agencies and Agricultural Produce Marketing Committees (APMCs)

Federations of Cooperative Organisations, FPOs and SHGs

 Agriculture
Pradhan Mantri
Infrastructure
Fasal Bima
Fund
Yojana
Loan Disbursement

Loan disbursement under the scheme will complete in six years.

➢ FY 2020-21: The projects amounting to about ₹ 4000 crore have been sanctioned under the
scheme.

➢ FY 2021-22: ₹16,000 crore (of the balance amount of ₹ 96,000 crore)

➢ FY 2022-23 to 2025- 26: @ ₹ 20,000 crore per year for the next four years.

Repayment period covered under the financing facility will be for a maximum period of 7
years

moratorium period: Min: 6 months ; Max: 2 years

 Agriculture
Pradhan Mantri
Infrastructure
Fasal Bima
Fund
Yojana
Key Features

Also known as National Agricultural Infra Financing Facility

Managed and monitored through an online Management Information System (MIS)

platform

Loans will have interest subvention of 3% per annum up to a limit of Rs. 2 crore

Subvention will be available for a maximum period of 7 years

 Agriculture
Pradhan Mantri
Infrastructure
Fasal Bima
Fund
Yojana
Key Features

If required, need based refinance support will be made available by NABARD to all eligible
lending entities including cooperative banks and RRBs as per its policy.

Credit guarantee coverage will be available for eligible borrowers from this financing facility
under Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme for
a loan up to ₹ 2 crore.

24% of total grants – in – aid should be utilized for SC/ST entrepreneurs (16% for SC
and 8% for ST)
 Agriculture
Pradhan Mantri
Infrastructure
Fasal Bima
Fund
Yojana
Monitoring Framework

National level Monitoring Committee (NLMC)

National level Implementation Committee (NLIC)

State level Monitoring Committee

District Level Monitoring Committee

 Agriculture
Pradhan Mantri
Infrastructure
Fasal Bima
Fund
Yojana

Farmers

Consumers Govt.

Benefits

Banking Agri
Ecosystem Startups
 Homework Question

Which of the following statements is/are correct with respect to the above scheme?

1. Rs. 2 Lakh Crore will be provided by banks and financial institutions as loans to eligible
beneficiaries.
2. Interest subvention of 4% per annum up to a limit of loans of Rs. 2 Crore.
3. Moratorium for repayment may vary subject to minimum 6 months and maximum of 18
months.

[A] 1 and 2
[B] 1 and 3
[C] 2 and 3
[D] 1, 2 and 3
[E] None of the above
Homework Question
Homework Question
 ESIC Deputy Director

Principles of Human Resource Management

Important MCQ
Q. Consider the following statement regarding the above
discussed scheme and select the correct ones?
a. Mission plans to increase oil palm cultivation to 1 million
hectares by 2025-26 and 1.7-1.8 million hectares by 2029-30.
b. Under the scheme, oil palm farmers will be provided financial
assistance and will get remuneration under a price and viability
formula.
c. It is a Central Sector Scheme with a special focus on the North
east region and the Andaman and Nicobar Islands
[1] a and b only
[2] b and c only
[3] a and c only
[4] a, b and c
[5] None of the above
Answer : [1] a and b only