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 Union Cabinet on Monday approved seven schemes for the agriculture sector with an outlay of nearly Rs 14,000 crore.
The minister was speaking after launching an integrated Agri Investment Portal named KrishiNivesh and 'AgriSure' fund at an event held here.
The Rs 750-crore 'AgriSure' (Agri Fund for Startups & Rural Enterprises) will support startups and 'agripreneurs' by providing both equity and debt capital.
Chouhan asked startups to utilise this fund and assured that there would be no fund constraints for agritech startups, which he said are playing an important role in the agriculture sector.
"There is a need for investment in agriculture, not only from the government side but also private investments," he said, adding that
