The Indian government has introduced a massive program targeted at helping rural and agricultural startups, called AgriSURE Scheme. It is required to underpin India's large agriculture industry, one of the backbones of economy.
AgriSURE Fund Overview
- One-time fund of ?750 crore - a part funded by the Indian government, NABARD and rest to be brought in through banks, insurance companies & private capital.
- Active support of high-risk agriculture projects.
- Major Objectives — To promote new technologies & configuration of solutions, a complete value chain in agriculture, reduce cost burden on farming by increasing price realization and e-market potential for farmers crops.
- Launched AgriSURE Greenathon Awards to applaud the best of start-ups solving agricultural value chain issues. •
- One out of approximately 2000 applicants to be awarded the Grant.
- Priority on climate resilience, sustainable practices & natural farming habits.
Month: Current Affairs - September 08, 2024
Category: