Facts for Prelims (FFP)
Source: PIB
Context: The Union Cabinet, approved the extension of the Animal Husbandry Infrastructure Development Fund (AHIDF) to be implemented under the Infrastructure Development Fund (IDF).
- The scheme aims to incentivize investments in various areas such as dairy processing, meat processing, animal feed plants, breed multiplication farms, agri-waste management, and veterinary vaccine and drug production facilities.
The Animal Husbandry Infrastructure Development Fund (AHIDF) was announced under the Atma Nirbhar Bharat Abhiyan stimulus package with a fund allocation of Rs. 15,000 crore.
The objective of AHIDF is to incentivize investments by various entities, including individual entrepreneurs, private companies, MSMEs, Farmers Producers Organizations (FPOs), and Section 8 companies, in establishing dairy processing and value addition infrastructure, meat processing and value addition infrastructure, and animal feed plants.
