Current Affairs · Government Schemes
In the Animal Husbandry Infrastructure Development Fund (AHIDF) and related schemes offering an interest subvention of up to 3%, which statement accurately represents the trend of these mechanisms?
- 1The interest subvention applies as per defined criteria for eligible entities including FPOs, MSMEs, and private companies.✓
- 2The subvention is applicable only when the total scheme loan size exceeds ₹5,000 crore.
- 3The subvention is offered only to private entrepreneurs and strictly excludes cooperatives.
- 4Schemes involving this subvention cannot have repayment spill-over into subsequent financial years.
Correct answer
The interest subvention applies as per defined criteria for eligible entities including FPOs, MSMEs, and private companies.
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