Govt To Promote Vegetable Supply Chain Startups

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SUMMARY

We will promote startups for vegetable supply chains, including for connection and storage and marketing, said FM Sitharaman

She also said that the digital public infrastructure (DPI) for the agriculture sector will be rolled out after a year-long pilot

It is pertinent to note that the full Budget follows an interim Budget that was presented in February this year

While presenting the Union Budget for the financial year 2024-25 on Tuesday (July 13), finance minister (FM) Nirmala Sitharaman said the government will promote startups across the vegetable supply chain to spur growth in the agritech sector. 

“We will promote farmer producer organisations, cooperatives and startups for vegetable supply chains, including for connection and storage and marketing, digital public infrastructure for agriculture,” FM Sitharaman said. 

She added that the digital public infrastructure (DPI) for the agriculture sector will be rolled out after a year-long pilot. Going forward this fiscal, crop survey will be undertaken using the digital public infrastructure (DPI) in 400 districts across the country during the ongoing Kharif season, Sitharaman said.

Via the DPI, details of 6 Cr farmers and their land parcels will be collected and the said farmers will be brought under the ambit of the farm and land registry. In addition, the DPI will be utilised to offer Kisan credit cards to farmers. 

Notably, a pilot of the agri DPI was launched last year, when the Centre had asked states and union territories (UTs) to digitise the process of area enumeration of crops at the field level.

It is pertinent to note that the full budget follows an interim budget that was presented in February this year. 





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Govt To Promote Vegetable Supply Chain Startups


SUMMARY

We will promote startups for vegetable supply chains, including for connection and storage and marketing, said FM Sitharaman

She also said that the digital public infrastructure (DPI) for the agriculture sector will be rolled out after a year-long pilot

It is pertinent to note that the full Budget follows an interim Budget that was presented in February this year

While presenting the Union Budget for the financial year 2024-25 on Tuesday (July 13), finance minister (FM) Nirmala Sitharaman said the government will promote startups across the vegetable supply chain to spur growth in the agritech sector. 

“We will promote farmer producer organisations, cooperatives and startups for vegetable supply chains, including for connection and storage and marketing, digital public infrastructure for agriculture,” FM Sitharaman said. 

She added that the digital public infrastructure (DPI) for the agriculture sector will be rolled out after a year-long pilot. Going forward this fiscal, crop survey will be undertaken using the digital public infrastructure (DPI) in 400 districts across the country during the ongoing Kharif season, Sitharaman said.

Via the DPI, details of 6 Cr farmers and their land parcels will be collected and the said farmers will be brought under the ambit of the farm and land registry. In addition, the DPI will be utilised to offer Kisan credit cards to farmers. 

Notably, a pilot of the agri DPI was launched last year, when the Centre had asked states and union territories (UTs) to digitise the process of area enumeration of crops at the field level.

It is pertinent to note that the full budget follows an interim budget that was presented in February this year. 





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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