Agricultural Accelerator Fund

On 1st February, 2023, Finance Minister announced an Agriculture Accelerator Fund for agritech startups in the budget 2023-24.

Need

  • Agricultural startups in India have been gaining immense popularity in recent years as they aim to modernize and improve the traditional agricultural sector in the country.
  • The majority of the farmers in India are small and marginal, and the agricultural sector faces challenges such as low productivity, inadequate infrastructure, and limited access to technology and financing.
  • These startups are tackling such issues and transforming the agricultural sector in India.
  • This fund would seek to fast- track agricultural entrepreneurial activity in a country where ....
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