AgriSURE Fund and Krishi Nivesh Portal launched

Current Context: On 3rd September, Union Agriculture and Farmers’ Welfare Minister Shivraj Singh Chouhan recently launched the AgriSURE Fund and the Krishi Nivesh Portal in New Delhi.

• The AgriSURE Fund is designed to support start-ups with innovative ideas aimed at boosting the agriculture sector.
• The government has invested ₹7,000 crore so far, targeting high-risk, high-impact activities across the agriculture value chain.
• The Krishi Nivesh Portal is a single-window platform to streamline the process of clearing project proposals, making it easier for agripreneurs to get the necessary approvals and funding.

Question:

1 What is the primary purpose of the AgriSURE Fund?

• A) To support traditional farming methods
• B) To support start-ups with innovative ideas aimed at boosting the agriculture sector
• C) To provide subsidies to large agricultural corporations
• D) To fund international agricultural research

Answer: B) The AgriSURE Fund is specifically designed to support start-ups that have innovative ideas to enhance the agriculture sector.