EconomyGS3-Economy
Agri Fund for Start-Ups & Enterprises to Launch
The government is launching 'Agri Fund for Start-Ups & Rural Enterprises' (AgriSURE) to support agripreneurs.
July 13, 2024
Key Points
- 1The government will launch AgriSURE to support agripreneurs through investments.
- 2The fund will establish a Rs 750 crore Category-II Alternative Investment Fund (AIF).
- 3The fund will offer equity and debt support.
- 4The initial corpus is ₹750 Crore with 250 crores each from NABARD and the Ministry of Agriculture, and 250 crores from other institutions.
- 5NABVENTURES, a wholly-owned subsidiary of NABARD, will be the Fund manager.
- 6NABARD also launched the AgriSURE Greenathon 2024.
Important Terms
AgriSURENABARDAIFAgricultureStart-ups
UPSC Current Affairs
Last Updated: 6/23/2025