Union Minister for Agriculture and Farmers’ Welfare and Rural Development has launched the AgriSURE Fund, an initiative aimed at revolutionizing the agricultural landscape in India. A press release on this launch was issued on September 3, 2024.
AgriSURE is a blended capital fund of ₹750 crore, designed to support technology-driven, high-risk, high-impact ventures in the agricultural and rural sectors. The fund’s contributors include the Government of India, NABARD, banks, insurance companies, and private investors.
The launch event was attended by several dignitaries, including Union Ministers of State for Agriculture and Farmers’ Welfare and Secretary, Ministry of Agriculture and Farmers Welfare.
Key Highlights of the AgriSURE Fund
The fund will support start-ups developing innovative solutions for various stages of the agricultural value chain.
The fund combines government and private capital to attract diverse investors.
AgriSURE aims to empower farmers by providing them with access to modern technology and resources.
The fund’s investments are expected to create jobs and stimulate economic growth in rural areas.
AgriSURE Greenathon Awards
As part of the launch event, the AgriSURE Greenathon Awards were conferred upon the most innovative start-ups in the agricultural sector.
The launch of the AgriSURE Fund seeks to foster innovation and provide financial support in driving sustainable and inclusive agricultural development.
