What is the primary objective of the 'AgriSURE' fund that the government plans to launch?

A)
Enhance rural infrastructure
B)
Boost Agri Start-Ups
C)
Support educational reforms
D)
Promote healthcare initiatives

Correct Answer :   Boost Agri Start-Ups


The 'AgriSURE' fund aims to boost Agri Start-Ups and rural enterprises by providing financial support through a Category-II Alternative Investment Fund (AIF) of Rs 750 crore.

This initiative involves contributions from the Department of Agriculture & Farmers Welfare, NABARD, and financial institutions, with NABVENTURES managing the fund.

The fund is designed to foster innovation, entrepreneurship, and sustainable development within the agriculture sector, promoting economic growth and employment opportunities in rural areas.

Published On : July 13, 2024