Indian Government Delays Agri Infra Fund Credit Hike

The Indian government wants to increase the loan limit under the Agriculture Infrastructure Fund (AIF) from ₹2 crore to ₹5 crore.

This is because the cost of building farm infrastructure has gone up.

However, the plan is on hold because a similar increase for farm credit cards was not approved.

The AIF has already helped many projects, with loans given to states like Maharashtra and Madhya Pradesh.

The government is still deciding if this increase will be announced in the upcoming budget.