The Cabinet Committee on Economic Affairs has approved setting up of Animal Husbandry Infrastructure Development Fund (AHIDF) worth Rs. 15000 crore in pursuance of recently announced Atma Nirbhar Bharat Abhiyan stimulus package for ensuring growth in several sectors.
The Aim of the Animal Husbandry Infrastructure Development Fund is to facilitate incentivization of investments for dairy processing and value addition infrastructure, meat processing and value addition infrastructure and Animal Feed Plant.
The eligible entities under AHIDF are Farmer Producer Organization(FPO), Private companies, Individual entrepreneurs, Section 8 companies and Micro Small and Medium Enterprises.
Benefits of the Animal Husbandry Infrastructure Development Fund
By making efficient animal husbandry infrastructure investments, there would be more meat, milk, and milk products available for distribution in the country. The investment would boost employment opportunities in the rural areas, reduce animal waste in rural areas, facilitate rural infrastructure development, enable farmers to earn greater profit and farmers would have a stronger foothold in the livestock sector.
The agriculture economy grows on the growth of animal husbandry and agriculture infrastructure development. In this scenario, animal husbandry infrastructure development would play an important role in agriculture growth. Therefore, the government is providing funding for the development of animal husbandry infrastructure and the nation should reap the benefits of it.
Let's talk about how this project will benefit the farmers:
In order to give support to the farmer in this regard, the government is providing the required funds for the establishment of animal husbandry infrastructure and the farmer will have more benefits to look at in the future.
Building animal husbandry infrastructure would help farmers to gain expertise in animal husbandry and this would help in animal husbandry production of various animals. Animal husbandry and farming require a lot of infrastructure and improvements of existing infrastructure in the form of animal husbandry infrastructure would increase the livelihood opportunities of farmers. The government has the potential to increase the production of various animal products from animal husbandry and this will allow farmers to earn better income.
Most of the farmers in the agriculture sector depend upon farming and animal husbandry for their livelihood. With the construction of animal husbandry infrastructure, farmers would be able to take their animal husbandry to the next level and farmers would earn more income for their farming activities.
In order to promote the animal husbandry sector, the government is giving funds to support the farmers. If farmers start taking better care of their animal husbandry, their farms will be benefited in the future. The government wants the farmers to become more confident about their animal husbandry. This will help farmers to make better investments for the improvement of animal husbandry.
Increasing the number of livestock farms would benefit farmers in terms of income. Hence, this project is quite important in the country’s agricultural sector development.
Other Benefits of Animal Husbandry Infrastructure Development Fund:
It would give the farmers the chance to educate the people about animal husbandry. If farmers are better educated about animal husbandry, they will be able to educate other farmers and build animal husbandry infrastructure.
The infrastructure that is formed from the development of animal husbandry infrastructure would prove to be helpful in animal husbandry and the development of agriculture in the country.
