Important Topic: AGRI-UDAAN Programme
Submitted by root on Fri, 04/13/2018 - 09:43
Important Topics for Competitive Exams
In an attempt to promote innovation and entrepreneurship in agriculture, the government is launching a new AGRI-UDAAN programme that will mentor startups and help them connect with potential investors.
Managed by India’s premier farm research body, the Indian Council of Agricultural Research (ICAR), the food and agri-business accelerator programme will also help convert innovative ideas from India’s rural youth into viable businesses. The idea is to attract the youth from rural India and elsewhere, and train them so they can add value to the farmers’ produce.
The goal is to begin a start-up revolution in agriculture which so far has been limited to the services sector. Under the programme, start-ups will get incubation space to run their businesses and have access to research laboratories and libraries. AGRI UDAAN will also help the selected start-ups with regulatory services like company registration and environmental compliances.