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Agri infra fund backs projects worth ₹1.15 trillion

Mint New Delhi

|

September 03, 2025

The government's Agriculture Infrastructure Fund, which aims to finance post-harvest crop management, has attracted investment worth over ₹1.15 trillion in 123,650 projects across India since its launch in July 2020, according to two officials aware of the matter.

- Vijay C. Roy

Under the fund, financial institutions such as banks sanction loans for the project, while the central government offers an interest subvention of 3% per annum up to a loan limit of ₹2 crore to the beneficiary for a period of seven years. Also, the government offers credit guarantee coverage (fee borne by the government) to eligible borrowers for a loan up to ₹2 crore. Borrowers contribute at least 10% of the total project cost.

FLERE HISTORIER FRA Mint New Delhi

Mint New Delhi

Mint New Delhi

IT's middle order takes US hit; big cos hold ground

Shares of smaller IT companies reeled on Monday despite their reassurances about the H-1B visa impact, while their large-cap peers that remain tight-lipped closed with smaller losses, signalling market belief that the latter may navigate the crisis better.

time to read

3 mins

September 23, 2025

Mint New Delhi

Mint New Delhi

Startups, VCs rush to digitize India's mutual fund sellers

Startups are rushing to build technology for India's swelling army of mutual fund distributors (MFDs), a segment that is rising alongside the nation's roaring asset management industry.

time to read

2 mins

September 23, 2025

Mint New Delhi

HOW DID NPS TURN INTO AN EQUITY BET?

Come 1 October, fund managers under the National Pension System (NPS) will be allowed to craft schemes that offer 100% equity exposure to their non-government subscribers.

time to read

3 mins

September 23, 2025

Mint New Delhi

Mint New Delhi

Biz gets GST push as govt engages public

Price cuts tempt buyers; PM, ministers take GST gains to people

time to read

5 mins

September 23, 2025

Mint New Delhi

Guard satellites

Under a global treaty, space must stay free of weapons of mass destruction, but eyes in the sky have long aided military action on the ground.

time to read

1 min

September 23, 2025

Mint New Delhi

Mint New Delhi

China's K visa vs US H-1B: What it means for India

The tightening of H-1B visa rules by the US comes when Beijing last month introduced a K visa policy allowing all foreign nationals, including those without a confirmed job, to enter China. For India, this open-door policy has created an unusual point of convergence with China amid heightened geopolitical competition. Mint explains.

time to read

2 mins

September 23, 2025

Mint New Delhi

Mint New Delhi

H-1B fee hike spells gloom for Indian IT

Bigger firms may handle costs better, other sectors affected too

time to read

3 mins

September 22, 2025

Mint New Delhi

Mint New Delhi

Govt scans prices for profiteering as tax cuts kick in

As the biggest reform in India's goods and services taxes (GST) rolls out today, the Centre will be monitoring whether companies actually pass on the tax cuts or keep the gains to themselves.

time to read

3 mins

September 22, 2025

Mint New Delhi

Mint New Delhi

ChrysCapital to whip up a $200 million dessert storm

India-focused private equity firm ChrysCapital is sweetening its portfolio with a $200-million push into the desserts space, following last month's acquisition of patisserie chain Theobroma, two people familiar with the matter said on condition of anonymity.

time to read

2 mins

September 22, 2025

Mint New Delhi

Mint New Delhi

Why has Trump's H-1B fee spooked GCCs in India?

1 How big is India's GCC segment?

time to read

2 mins

September 22, 2025

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