The Union Government
accords very high priority to the agriculture sector. In order to contribute
directly and indirectly to enhancing the income of farmers by providing
opportunites to them and to provide employment to youth, start-ups are being encouraged. Union Minister for
Agriculture and Farmers Welfare, Rural Development and Panchayati Raj Shri
Narendra Singh Tomar stated that as emphasised by the Prime Minister Shri
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. For the year 2020-21, in the first phase, 112 startups in the
area of agro processing, food technology and value addition will be funded
for a sum of Rs. 1185.90 lakhswhich will contribute to
enhancing the income of farmers.
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 installments. 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. For more details on Agri-entrepreneurship, RKVY website: https://rkvy.nic.in may be visited.
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