Prime Minister Narendra Modi will inaugurate the Agri Startup Conclave and Exhibition at a two-day event titled “PM Kisan Samman Sammelan 2022” on 17th October 2022 at the mela ground of ICAR-Indian Agricultural Research Institute (IARI), New Delhi. About 300 startups will showcase their innovation related to precision farming, post-harvest and value-added solutions, allied agriculture, waste to wealth, mechanisation for small farmers, supply chain management and agri-logistic on the first day. Around 1500 startups will participate in the sammelan. This platform would facilitate startups to interact with farmers, FPOs, agri-expert, and corporates. On 18th October, startups will share their experience and interact with other stakeholders in the technical sessions. Further, policymakers will explain the role of startups in the 5 trillion economy as well as the existing government schemes for promoting the startup ecosystem at the Agri Startup Conclave.
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To promote agri startups in the country, the Ministry of Agriculture and Farmers Welfare (MoAFW) initiated Rashtriya Krishi Vikas Yojana – Remunerative Approaches for Agriculture and Allied Sector Rejuvenation” (RKVY-RAFTAAR). The partnership has been made with five knowledge organisations namely IARI, National Institute of Agricultural Extension Management (MANAGE), National Institute of Agricultural Marketing (NIAM), Anand Agricultural University (AAU) and the University of Agricultural Sciences (UAS) Dharwad. The funding support is given up to Rs. 5 Lakh for pre-seed stage startups and Rs. 25 lakhs for seed stage startups. Besides, under RKVY-RAFTAAR – more than 2500 agri- startups have been trained to address problems in the agriculture sector like small farm size, poor infrastructure, low use of farm technologies and best farming techniques, decrease of soil fertility due to over-fertilisation and sustained pesticide use.