Finance & Economy

Budget comments on the agri accelerator fund to give a boost to agritech

Published: February 2, 2023
Author: TEXTILE VALUE CHAIN

Union budget announcement today from Priyanka Wadhwa, Co-Owner, Kapila Krishi Udyog Limited & Co founder, CommsCredible,”With the finance minister announcing the launch of an agriculture accelerator fund for young entrepreneurs, the agritech industry and startups will get a major boost in growth. Agro companies that are decades old will see increased productivity through the use of new-age technologies. Building a digital public infrastructure will also offer a host of farmer centric solutions which will assist farmers in improving their farm output as well as income.  This will ultimately lead to economic empowerment, especially of rural women. Moreover, digitization of agriculture is also in line with the government’s objective of financial inclusion and creating an Atmanirbhar Bharat”

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