The ₹1 lakh crore Agriculture Infrastructure Fund, a new financing scheme under, is  meant for setting up storage and processing facilities, which will help farmers get higher prices for their crops.

The scheme shall provide a medium – long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through interest subvention and financial support facility.

Under the scheme, Rs. One Lakh Crore will be provided by banks and financial institutions as loans to Primary Agricultural Credit Societies (PACS), Marketing Cooperative Societies, Farmer Producers Organizations (FPOs), Self Help Group (SHG), Farmers, Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Startups, Aggregation Infrastructure Providers and Central/State agency or Local Body sponsored Public Private Partnership Project.

The funds will be provided for setting up of cold storages and chains, warehousing, silos, assaying, grading and packaging units, e-marketing points linked to e-trading platforms, ripening chambers besides PPP projects for crop aggregation sponsored by central/state/local bodies.

The Project by way of facilitating formal credit to farm and farm processing-based activities is expected to create numerous job opportunities in rural areas.

These assets will enable farmers to get greater value for their produce as they will be able to store and sell at higher prices, reduce wastage, and increase processing and value addition.