The Punjab Horticulture Department, the nodal agency for implementing the Agriculture Infrastructure Fund (AIF) Scheme in the state under the leadership of Chief Minister S. Bhagwant Singh Mann, is playing a vital role in transforming youth into successful entrepreneurs through the government's farmer-friendly policies under the guidance of Horticulture Minister Mr. Mohinder Bhagat.
Explaining the scheme, Mr. Mohinder Bhagat said that the Agriculture Infrastructure Fund (AIF) Scheme has proved to be highly beneficial for young entrepreneurs by providing loans at affordable interest rates for establishing modern agriculture-related infrastructure. He said that the scheme is encouraging youth to set up agriculture-based enterprises, creating new employment opportunities while strengthening the rural economy.
Sharing a success story, the Minister said that Mr. Sarabjit Singh of district S.A.S. Nagar availed a loan at an interest rate of just 6 percent under the Agriculture Infrastructure Fund Scheme, enabling him to establish his enterprise with a minimal financial burden. Today, he is producing high-quality flour and spices, earning a good income while also generating employment opportunities at the local level.
Recalling his journey, Mr. Sarabjit Singh said that he had earlier worked as a photographer, but with the support of the Agriculture Infrastructure Fund (AIF) Scheme, he has successfully transformed himself into an agri-entrepreneur. He said the scheme has given a new direction to his life, enabled him to become self-reliant, and inspired him to contribute to the rural economy through value-added agricultural products.
Appealing to the youth of the state, Mr. Mohinder Bhagat urged them to make maximum use of the Agriculture Infrastructure Fund (AIF) Scheme, stating that it offers an excellent opportunity to establish agriculture-based enterprises, create employment and further strengthen the state's economy.