Budget 2024 Agriculture Accelerator Fund may get additional backing to boost rural jobs

Under the Innovation and Agri-Entrepreneurship Development programme, an accelerator programme has been launched to support agri-startups with innovative solutions. The aim is to provide financial and technical assistance to selected ventures in agriculture and allied sectors. The programme is an extension of the Rashtriya Krishi Vikas Yojana and has provided financial assistance to 1,524 startups since 2018-19. Startups in various areas such as precision agriculture, agri logistics, and organic farming have received support. The programme may receive additional backing in Budget 2024 to boost rural jobs.

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