1. Agriculture World

Centre Encouraging Start-Ups in Agriculture to Increase Farmers Income, Provide Jobs to Youth: Tomar

Abha Toppo
Abha Toppo
narendra tomar

With the aim to double farmers’ income and to provide employment opportunities to youth, the Centre is encouraging start-ups in the field of agriculture, said Agriculture & Farmers’ Welfare Minister Narendra Singh Tomar.

He said that the Agriculture Ministry will fund the start-ups under innovation & agripreneurship component of Rashtriya Krishi Vikas Yojana. He told in the first phase i.e. 2020-21, as many as 112 startups in agro-processing, food technology & value addition would be funded for a sum of Rs 1185.90 lakhs. The fund would be released in installments to help in doubling the income of farmers.

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The Agri Minister added that as emphasised by Prime Minister Narendra Modi, new technology in agriculture & allied sectors via start-ups and agripreneurship must be promoted. Thus, under Rashtriya Krishi Vikas Yojana, innovation & agripreneurship component has been promoted.

He stressed on the need to make farming competitive, provide handholding to agriculture-based activities & adopt new technology as soon as possible. Emphasizing on boosting private investment in agriculture, the agriculture minister has drawn attention to the need for value addition & start-ups, as per an official statement.

The statement further said that in keeping with these Government initiatives to improve agriculture & allied activities and give an impetus to rural economy, the Rashtriya Krishi Vikas Yojna (RKVY) that aims to strengthen infrastructure in agriculture & allied areas, has been revamped.

To know about the Agri-entrepreneurship, visit RKVY website - https://rkvy.nic.in/ may be visited.

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