What’s in the news?

• The Ministry of Agriculture and Farmers’ Welfare and Rural Development has launched the AgriSURE Scheme, an innovative fund which is a pioneering step toward revolutionizing the agricultural landscape in India. 
• With a focus on technology-driven, high-risk, high-impact ventures, AgriSURE is designed to fuel growth and foster innovation in the agricultural and rural start-up ecosystem. 
• A Blended capital fund of ₹750 crore with SEBI Registered Category II, Alternative Investment Fund (AIF), contributions from the Government of India is ₹250 crore, NABARD is ₹250 crore, and ₹250 crore is being mobilized from banks, insurance companies, and private investors.
• With the introduction of the AgriSURE fund, the government aims to further drive investments in the agriculture sector that will empower farmers and boost the rural economy through accelerating accessible and affordable innovative solutions.

https://pib.gov.in/PressReleasePage.aspx?PRID=2051466