Govt launches Rs 750 cr fund AgriSure for support to agriculture startups

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Govt launches Rs 750 cr fund AgriSure for support to agriculture startups - Business Standard

Quick Summary:

Union Agriculture Minister Shivraj Singh Chouhan on Tuesday launched a Rs 750-crore fund 'AgriSure' to provide financial support to agritech startups even as he underlined the need for increasing public as well as private investments in the farm sector.

The Rs 750-crore 'AgriSure' (Agri Fund for Startups & Rural Enterprises) will support startups and 'agripreneurs' by providing both equity and debt capital.

The minister was speaking after launching an integrated Agri Investment Portal named KrishiNivesh and 'AgriSure' fund at an event held here.