Context:
The Government to soon launch an ‘Agri Fund for Start-Ups & Rural Enterprises’ (AgriSURE) to provide support to Startup and Agripreneurs.
Relevance:
GS III: Agriculture
The Government of India is set to launch the ‘Agri Fund for Start-Ups & Rural Enterprises’ (AgriSURE) aimed at bolstering innovation and sustainability in the agricultural sector. This initiative seeks to support start-ups and agripreneurs through investments in sector-specific and sector-agnostic Alternative Investment Funds (AIFs), as well as direct equity assistance.
AgriSURE represents a significant step towards enhancing agricultural innovation and sustainability in India. By fostering public-private collaboration and supporting disruptive solutions, the initiative aims to catalyze transformative growth in the agriculture sector, benefitting farmers and stakeholders across the country.