 "Chouhan Unveils Rs 750 Crore Fund to Revolutionize Indian Agritech Startups")
Union Agriculture Minister Shivraj Singh Chouhan recently launched a Rs 750-crore fund called ‘AgriSure’ to support agritech startups and promote investment in agriculture. This initiative comes alongside the approval of seven schemes for the agriculture sector worth nearly Rs 14,000 crore. The newly introduced KrishiNivesh Portal aims to centralize investment opportunities and provide vital information to farmers and entrepreneurs, enhancing their access to government schemes. Chouhan emphasized the importance of both public and private investment to boost productivity and ensure food security while promoting sustainable farming practices. Awards were also presented to top-performing banks and states in recognition of their contributions to agricultural infrastructure.
Union Agriculture Minister Shivraj Singh Chouhan recently launched a new initiative aimed at boosting the agricultural sector in India. The initiative includes a ₹750 crore fund called ‘AgriSure,’ designed to provide financial support to agritech startups and rural enterprises. During the launch event, Chouhan emphasized the importance of increasing both public and private investments in agriculture to enhance production and value addition.
The ‘AgriSure’ fund will offer both equity and debt capital to support agripreneurs, ensuring that financial constraints do not hinder innovation in the sector. Chouhan highlighted the vital role agritech startups play in improving agriculture and stressed the need for collaboration among small farmers to scale up their operations.
In addition to this fund, the government has also approved seven schemes for the agriculture sector with a total outlay of nearly ₹14,000 crore. These initiatives aim to improve infrastructure and support farmers by offering access to various government schemes through the newly launched KrishiNivesh portal.
Overall, this comprehensive strategy is part of the government’s efforts to improve farmers’ income, ensure food security, and address the excessive use of chemical fertilizers and pesticides. The agriculture sector, contributing significantly to the Indian economy, continues to be a focus for government support and investment.
Tags: Agriculture, Shivraj Singh Chouhan, AgriSure, Agritech Startups, KrishiNivesh, Indian Economy, Investment in Agriculture, Farmers’ Income, Government Schemes, Agricultural Infrastructure Fund.
What is the Rs 750 crore AgriSure fund?
The AgriSure fund is a government initiative worth Rs 750 crore to support new agriculture startups.
Who can apply for the AgriSure fund?
Startups focused on improving agriculture, such as those working in technology, sustainability, or innovation, can apply for this fund.
How can the AgriSure fund help my startup?
The fund can provide financial support, mentorship, and access to resources that can help your startup grow and succeed in the agriculture sector.
What are the eligibility criteria for the fund?
Eligibility may vary, but generally, the startup should be registered, have a focus on agriculture, and show potential for growth and impact in the field.
How can I apply for the AgriSure fund?
Interested startups can typically apply online through the official government platform or designated agencies that manage the fund.
