AIF

Section 13 "Convergence" (p.12), verbatim: "Any grant or subsidy available under any present or future scheme of Central/State government can be availed for projects under this financing facility, e.g. MIDH, PMFME, SMAM, Gobar-Dhan, PMKSY, AMI, PACS as MSC, RKVY, PM-KUSUM (A, B and C), PMEGP etc.", MIDH is named explicitly. IMPORTANT nuance, not a plain additive stack: the same clause continues, "In cases of capital subsidy such amount shall be considered as promoter's contribution. However, a minimum of 10% of the project cost shall be mandatory as promoter's contribution." A MIDH capital subsidy therefore reduces what the farmer must fund as his own contribution toward the AIF-financed loan, it does not sit alongside AIF's interest subvention as two independent, unrelated sums. Structurally this is not a problem for the engine: MIDH pays on productionUnit/compostUnit/spawnLab-type components while AIF pays on interestSubvention/creditGuarantee, different components, so selectStack() never has to choose between them, but a reader should understand the two are financing the same underlying project cost from different sides of the same loan, not two unrelated windfalls.

NHB Scheme No. 1 is not named in the Section 13 "e.g." list (which is illustrative, not exhaustive, and explicitly not scheme-specific, see the "any present or future scheme of Central/State government" language quoted in full on the midh-2025 stacking entry above). NHB Scheme No. 1 is unambiguously "a[n]... scheme of Central... government," so the same blanket convergence clause covers it. NHB Scheme No. 1 does fund mushroom production, so this pair DOES presently combine; see NHB Scheme No. 1's own record for the rates, which are stated per tonne of installed capacity rather than as a share of project cost. (CORRECTED TWICE, and the second correction matters more than the first. This note once said NHB Scheme No. 1 carried no mushroom rule at all, which was wrong. It then said NHB paid 40% of project cost capped at ₹30 lakh, which was right about the document read at the time and is now wrong too: NHB replaced that guideline, and no rupee cap applies to its mushroom component any more. No NHB figure is restated here, deliberately, so this note cannot go stale a third time.) Structurally the same as against MIDH: NHB pays on productionUnit while AIF pays on interestSubvention/creditGuarantee, different components, so selectStack() never has to choose between them, but the same "capital subsidy... shall be considered as promoter's contribution" nuance quoted in full on the midh-2025 entry above applies here too, actively rather than hypothetically: an NHB Scheme No. 1 capital subsidy reduces what the farmer must fund as his own contribution toward the AIF-financed loan, the same as a MIDH one does.

PMFME is named explicitly in the Section 13 "e.g." list quoted on the midh-2025 stacking entry above. PMFME currently carries no mushroom rule (noMushroomComponent: true), so this does not presently combine with anything for a mushroom applicant. Same capital-subsidy-as-promoter's-contribution caveat as against MIDH would apply if that changes.

Both sides carry an explicit convergence clause naming or generally permitting the other: this scheme's Section 12 "Dovetailing of Assistance" (general permission) and AIF's Section 13 "Convergence" (which names PMKSY explicitly in its illustrative list). Moot today, this scheme carries no mushroom rule for AIF's interest subvention/credit guarantee to ride alongside.