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sustainability

The image shows a banner for AgriSURE, the Agri Fund for Start-Ups & Rural Enterprises. It features three farmers working in a lush green field. The farmers, two men and one woman, are depicted harvesting crops. The sky in the background is clear with a few clouds, giving a bright and optimistic feel. The AgriSURE logo and tagline are positioned on the left side of the image.

Government to Launch ₹750 Cr Agri Fund for Startups and Rural Enterprises

By
Anurag Trivedi

The Indian government is set to launch AgriSURE to support agritech startups and agripreneurs. With an initial corpus of ₹750 crore, the fund will provide equity and debt investments to promote innovation and sustainability in agriculture. NABVENTURES, a subsidiary of NABARD, will manage the fund, which includes equal contributions from the Department of Agriculture and Farmers Welfare and NABARD. AgriSURE aims to strengthen the agricultural value chain, create rural infrastructure, and generate employment. It will support around 85 agribusiness startups, focusing on high-risk, high-impact activities. Additionally, NABARD launched the AgriSURE Greenathon 2024 to address key challenges like smart agriculture, agri-waste management, and regenerative agriculture through innovative solutions.