Blitz Bureau
MARKING a crucial step towards improving the nation’s agricultural landscape, Union Agriculture Minister Shivraj Singh Chouhan launched the Agrisure scheme on August 3. This initiative aims to advance the agricultural and rural start-up ecosystem in India,
The Agrisure Fund, established with a mixed capital investment of ₹750 crore, will focus on technology-driven, high-risk, and high-impact ventures. The fund’s composition includes a ₹250-crore contribution from the Government of India, ₹250 crore from NABARD, and an additional ₹250 crore from banks, insurance companies, and private investors.
During the launch, Chouhan highlighted the transformative potential of the Agrisure scheme. He said, “The launch of the Agrisure Fund is part of our effort to ensure that every farmer in India receives the necessary technological support to thrive.” The Minister reiterated that the prosperity of farmers is key to a thriving national economy. He reaffirmed the Government’s commitment to supporting the agricultural community.
“Our vision is to empower every farmer and the launch of the AgriSURE Fund is a testament to our unwavering dedication to the agricultural sector. The Government will relentlessly strive towards ensuring increased production, reduced cost of production for farmers, remunerative prices for farmers, crop diversification, preventing post-harvest loss and safe guard during crop loss through crop insurance ”
As part of the event, the Agrisure Greenathon Awards were presented to innovative start-ups developing technology-focused solutions to address challenges faced by farmers. The top three start-ups—Greensapio, Krishi Kanti, and Ambronics—were recognised as the winner, first runner-up, and second runner-up, respectively.
