Government Reaffirms Commitment to Farmer Empowerment and Rural Development
In a significant development for the agricultural sector, Union Minister for Agriculture and Farmers’ Welfare and Rural Development, Shri Shivraj Singh Chouhan, on 3rd September launched the AgriSURE Scheme in New Delhi.
AgriSURE – Agri Fund for Start-ups & Rural Enterprises is an innovative fund which is a pioneering step toward revolutionizing the agricultural landscape in India. With a focus on technology-driven, high-risk, high-impact ventures, AgriSURE is designed to fuel growth and foster innovation in the agricultural and rural start-up ecosystem. A Blended capital fund of Rs. 750 crore with SEBI Registered Category II, Alternative Investment Fund (AIF), contributions from the Government of India is Rs. 250 crore, NABARD is Rs. 250 crore, and Rs. 250 crore is being mobilized from banks, insurance companies, and private investors.