Focus Merit

Government launches implementation guidelines for Animal Husbandry Infrastructure Development Fund

  • The guidelines for Animal Husbandry Infrastructure Development Fund (AHIDF) launched by Union Minister of fisheries, Husbandry, and Dairying.
  • The fund will help to increase milk production to 330 million tonnes by 2024.
  • The Government of India is planning to increase milk processing up to 40%.
  • The AHIDF will facilitate the incentivization of investments to establish infrastructure for dairy and meat processing.
  • Under Atma Nirbhar Bharat Abhiyan, Rs 15,000 crores were approved by the Union Cabinet for AHIDF.
  • The GoI is to set up a credit guarantee fund of Rs 750 crores to achieve the targets in the dairy sector. This is to be managed by NABARD