National Bank for Agriculture and Rural Development (NABARD) has launched a Rs 750-crore agri fund for startups and rural enterprises. This fund aims to promote investment in innovative, technology-driven, high-risk, and high-impact activities in agriculture and allied areas. Additionally, the fund aims to encourage entrepreneurship through IT-based solutions and machinery rental services for farmers, driving sustainable growth and development in the agricultural sector.
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Most of our farmers hold a small piece of land. In this ecosystem, we need to focus on enhancing productivity, this is where technology can play a crucial role. We need to foster an ecosystem for systematic mechanisation in order to achieve our objectives. Agri-SURE is a big leap in that direction. Digitalisation of agriculture is the call of the hour in order to enhance the agri value chain as the next wave of growth will come from innovation.
Presentation- Dibyabharati Nayak