Rs 1 lakh crore agri-infra fund approved

Rs 1 lakh crore agri-infra fund approved
Representational Pic

The government on Wednesday approved setting up an agri-infra fund with a corpus of Rs 1 lakh crore to provide financial support to agri-entrepreneurs, start-ups, agri-tech players and farmer groups for infrastructure and logistics facilities.

A decision in this regard was taken at a meeting of the Union Cabinet, headed by Prime Minister Narendra Modi. The agri-infra fund was part of the over Rs 20 lakh crore stimulus package announced in response to the COVID-19 crisis.

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