‘Agri SURE’ Fund: Promoting Innovation in Agriculture
On 12th July, 2024, the National Bank for Agriculture and Rural Development (NABARD) announced to launch an Agri fund for Start-Ups & Rural Enterprises (Agri-SURE).
Aim
- It aims to foster innovation and sustainability in India's agricultural sector through the establishment of Category-II Alternative Investment Fund (AIF).
- The fund aims to support early stage innovators and help farmers with viable, sustainable and durable tech solutions.
Need
- Farmers are the foundation of the agri value and they need to be handled very closely and provided with solutions.
- Credit alone will not solve the problem in agriculture sector. Next level of growth will come ....
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- 1 Digital System for Fertiliser Subsidy Targeting
- 2 Promotion of Natural Farming
- 3 Removal of Indexation Benefit
- 4 RBI Allows Foreign Currency Accounts in IFSC
- 5 PCA Framework for Urban Cooperative Banks
- 6 SEBI’s Uniform Charge Structure for Stockbrokers
- 7 World Bank Group Guarantee Platform
- 8 RBI’s Report on Currency and Finance
- 9 Critical Mineral Asset
- 10 India’s First Green Steel Initiative
