The Government to soon launch an ‘Agri Fund for Start-Ups & Rural Enterprises’ (AgriSURE) to provide support to Startup and Agripreneurs

The Government to soon launch an ‘Agri Fund for Start-Ups & Rural Enterprises’ (AgriSURE) to provide support to Startup and Agripreneurs

Daily Current Affairs   /   The Government to soon launch an ‘Agri Fund for Start-Ups & Rural Enterprises’ (AgriSURE) to provide support to Startup and Agripreneurs

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Category : National Published on: July 16 2024

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  • The Government plans to launch the 'Agri Fund for Start-Ups & Rural Enterprises' (AgriSURE) with a Rs 750 crore Category-II Alternative Investment Fund (AIF).
  • It aims to support start-ups and agripreneurs through equity and debt investments, focusing on innovation, sustainability, and enhancing the agriculture value chain.
  • NABARD launched the AgriSURE Greenathon 2024, a hackathon addressing challenges in agriculture such as affordable smart technologies, profitable use of agri-waste, and promoting regenerative agriculture practices.
  • The initiative aims to spur technological solutions that benefit small farmers and enhance the economic viability of sustainable agriculture practices.
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