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₹26 crore allotted for Virudhunagar district under Agricultural Infrastructure Financing Facility
₹26 crore allotted for Virudhunagar district under Agricultural Infrastructure Financing Facility

The Hindu

time2 days ago

  • Business
  • The Hindu

₹26 crore allotted for Virudhunagar district under Agricultural Infrastructure Financing Facility

The district administration has invited applications from interested persons for establishing post-harvest management infrastructure in Virudhunagar district. In a statement, Collector N. O. Sukhaputra said a total of ₹26 crore had been allotted for Virudhunagar district under Agricultural Infrastructure Financing Facility. The scheme would be implemented by the Department of Agricultural Marketing and Agri Business. The beneficiary could get a maximum of ₹2 crore loan under the scheme for a term of seven years. An interest subvention of 3% would be given to beneficiaries. Under the scheme, godowns and silos, transport facilities, processing units and facilities for ripening fruits in scientific ways could be set up. Besides, facilities for production of organic inputs, infrastructure for modern and precision farming and creating of region-wise crop cluster for export could be created. Primary agricultural cooperative societies, cooperative credit societies, farmers producers organisations, self-help groups for women, individual farmers could be the beneficiaries. The facilities would help storage of food grains without any loss and help to sell them at the right time to get right remuneration. Interested persons and organisations can approach nationalised banks or NABARD or the Department of Agricultural Marketing and Agri-Business. Further details could be obtained from the statement said.

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