AHIDF Top-up Interest Subvention Scheme

The Top-up Interest Subvention Scheme under the Animal Husbandry Infrastructure Development Fund (AHIDF) forms part of the Andhra Pradesh Industrial Development Policy (FPP 4.0) for 2024-29. Through this incentive, the state extends financial assistance to eligible animal husbandry projects.

Enterprises holding term loans for projects sanctioned under AHIDF, or under other Government of India schemes recognised by the state, qualify for a 2% interest subvention. The benefit is capped at ₹5 crore per annum and runs for five years.

By lowering the cost of borrowing, the scheme seeks to make long-term investment in animal husbandry infrastructure more feasible. Its stated objectives include drawing in investment, generating employment, and improving productivity and efficiency across animal husbandry businesses in Andhra Pradesh.

Applications are handled in line with the standard procedure laid down for incentives under the Andhra Pradesh Industrial Development Policy (FPP 4.0), 2024-29. The usual steps are:

- A detailed project report, along with the application, must be filed with the concerned district or state authority. - The project should already hold sanction under the Animal Husbandry Infrastructure Development Fund (AHIDF) or another recognised GoI scheme. - Complete financial papers covering the term loan and the way its interest is structured have to be furnished. - The Industries & Commerce Department of Andhra Pradesh, or a nominated nodal agency, ordinarily administers this application process.

Eligibility for this subvention depends on the project first being sanctioned under the Animal Husbandry Infrastructure Development Fund (AHIDF) or another specified Government of India scheme. Where such approval exists, the application for the 2% interest subvention would then be taken up for verification by the Andhra Pradesh Industries & Commerce Department, which checks it against the FPP 4.0 policy guidelines.