New Delhi : Enhancing income of farmers through startup ecosystem. That is the new focus of government. This was highlighted by the Union Union Minister for Agriculture and Farmers Welfare, Rural Development and Panchayati Raj Narendra Singh Tomar.
‘As emphasised by the Prime Minister Narendra Modi, new technology in the field of agriculture and allied sectors through start-ups and agripreneurship should be promoted. Therefore, under the Rashtriya Krishi Vikas Yojana, the innovation and agripreneurship component has been promoted,’ said Tomar.
According to the official government release, 112 Startups selected by different knowledge partners and agribusiness incubators in the area of Agro-processing, Food Technology and Value addition will be funded in the first phase for a sum of Rs. 1185.90 lakh. This fund will be released in instalments. These start-ups were trained for two months at 29 agribusiness incubation centres (KPs & RABIs) spread across India. These start-ups will lead to employment to youth. Besides, they, directly and indirectly, will contribute to enhancing the income of farmers by providing opportunities to them.