Page 90 - Putting Farmers First
P. 90

Creation of a start-up ecosystem


        Start-ups are making a splash everywhere, and
        agriculture is no exception.

        Exciting new innovations are rising from rural and
        semi-urban areas where  youth have closely seen
        the problems that farmers face.

        Such a start-up ecosystem that solves problems
        of farmers with scalable solutions is the need of
        the hour.

        To further encourage them, 424 start-ups in the
        agriculture and allied sectors have been selected for
        funding for a sum of Rs 45.38 crore in instalments
        and Rs 19.70 crore has been released for funding
        these start-ups.

        Apart from equity support, these start-ups also
        qualify for funding under Agri Infra Fund.


        Agricultural mechanization

        It is not enough to just speak about stubble
        burning but it is more important to institutionally
        help farmers find an alternative through funding
        and infrastructure.

        A new Central Sector scheme was launched in 2018
        for in-situ management of crop residue in Haryana,
        Punjab, U.P. and Delhi.
        Rs 1,726.67 crore has been provided to the States
        under this scheme. Out of these funds 28,759
        Custom Hiring Centres have been established and
        1,56,231 machines have been supplied.





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