NABARD Launches Rs 750 Crore Agri-SURE Fund for Startups
Summary: The National Bank for Agriculture and Rural Development (NABARD) has launched the “Agri-SURE” fund with Rs 750 crore to boost agricultural and rural tech businesses. Managed by NABVENTURES, the fund aims to improve the agricultural value chain through direct equity support and investments in Alternative Investment Funds (AIFs). It targets 85 agribusiness startups with a focus on high-risk, high-impact projects, promoting automation, digitization, and sustainable growth in agriculture. The initiative supports small landowners, enhances productivity, and facilitates job creation in rural areas. NABARD, established in 1982, continues to play a crucial role in promoting rural development and financial inclusion in India.
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![Animal Husbandry Infrastructure Development Fund mind map Recent News Continued till 2025-26 Outlay of Rs.29,610.25 crore Approved by Union Cabinet Chaired by Prime Minister Narendra Modi When Extension announced on 1st February 2024 Why To boost animal husbandry sector Enhance livestock infrastructure What/Full Provisions Includes various sub-sectors Dairy processing and product diversification Meat processing and product diversification Animal Feed Plant Breed multiplication farm Animal Waste to Wealth Management Veterinary vaccine and drug production facilities Financial Support 3% interest subvention for 8 years Including 2 years of moratorium Loan up to 90% from banks, NCDC, NABARD, NDDB Credit Guarantee For MSME and Dairy Cooperatives Up to 25% of credit from a Rs.750 crore fund Where Implemented across India Who Beneficiaries Individuals Private Companies Farmer Producer Organizations (FPO) MSME Section 8 companies Dairy Cooperatives Implementing Agency Ministry of Fisheries, Animal Husbandry & Dairying How Impact since inception Added 141.04 LLPD of milk processing capacity 79.24 lakh metric ton of feed processing 9.06 lakh metric ton of meat processing Increase in processing capacity by 2-4% Pros/Significance Employment generation Direct and indirect to 35 lakh people Entrepreneurship development Wealth creation in livestock sector Supports Prime Minister's goal of doubling farmers' income Encourages private sector investment Introduces latest technologies for processing and value addition Cons and/or Challenges [No specific challenges mentioned in the sources] Way Forward Encouraging more private investments Continual infrastructure upgrade Focusing on new activities Technologically assisted breed multiplication farms Strengthening veterinary drugs and vaccine units Management of animal waste to wealth](https://www.iasexpress.net/wp-content/uploads/2024/02/Animal-Husbandry-Infrastructure-Development-Fund-600x300.jpeg)
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