Punjab tops Investments in Agro Processing and Infrastructure
Last Updated: 8 April 2025
Investments on Rise in Agro-processing and infrastructure Projects[1]
-- Primary processing e.g. spice processing, atta chakki, oil expeller, milling etc
-- Storage facilities e.g. Warehouses, cold stores, silos etc
-- Sorting and grading units, seed processing units etc
-- Crop residue management systems, compressed biogas plants etc
-- Solar pumps
Awards:
-- 9 of the Top 10 districts across India for Agri Infra Fund belong to Punjab[1:1]
-- Punjab is 1st in implementing Agriculture Infrastructure Fund scheme across India[2]
April 2022 - March 2025[3]
Punjab has sanctioned Total projects worth estimate ₹8,000+ crores
-- Total projects sanctioned: 21,740+
MoU with SIDBI[4]
-- Setting up of Automated beverage unit, Hoshiarpur
-- Chilli processing center, Abohar
-- Value added processing facility, Jalandhar
-- Ready-to-eat food manufacturing unit at Fatehgarh Sahib and other projects amounting to ₹250 crore
¶ Agriculture Infrastructure Fund
- AIF Scheme offers 3% interest assistance for up to 7 years on term loans for eligible activities[6]
- The maximum rate of interest that the banks can charge is 9% and the benefit can be availed for an amount up to Rs 2 Crores[6:1]
¶ Small Industries Development Bank of India (SIDBI)[7]
- SIDBI is MSME lender for Agro-processing and infrastructure
November 2023
- Committed Rs 250 crore for the 2023-24 fiscal year
- SIDBI has already received 4 detailed project reports (DPRs) with an investment of Rs 140 crore from Punjab government for setting up common facility centre for agro-processing
REFERENCES:
https://www.hindustantimes.com/cities/chandigarh-news/punjab-got-investments-worth-8-000-cr-for-projects-under-aif-101741376518120.html ↩︎
https://drive.google.com/file/d/1U5IjoJJx1PsupDLWapEUsQxo_A3TBQXX/view ↩︎
https://www.tribuneindia.com/news/punjab/sidbi-commits-250-cr-to-boost-infrastructure-agro-processing-sector-566230 ↩︎
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