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The Government of India is taking major policy initiatives for Agriculture Startups with a latest announcement of Rs 500 crore accelerator programme and creation of a high-level steering committee among others. The Union Minister of Agriculture and Farmers Welfare, Narendra Singh Tomar made these several key announcements mentioned above.

Tomar said that a high-level steering committee will be constituted under the chairmanship of Agriculture Minister for overall guidance of the Agriculture Startup ecosystem and a Rs 500 crore accelerator programme for taking forward and popularizing the successful initiatives of Agri Startups will be started.

Besides, Tomar said that an Executive Committee would be constituted under the chairmanship of Secretary Agriculture, comprising of concerned agencies like DARE, DPIIT, agricultural incubators and knowledge partners, agricultural universities, research institutes, top investors and other stakeholders.

Also, a separate Division will be created under the chairmanship of Joint Secretary for Agriculture Startups in the Ministry of Agriculture. A cell will also be created to work as a single window agency for Agri Startups to facilitate all linkages required with certification agencies, financial institutions, agricultural universities etc.