Karnataka to soon unveil policy framework on agriculture start-ups

Representational image

Karnataka Agriculture Minister B C Patil said on Wednesday the Government would soon unveil a policy framework on agri start-ups and operational guidelines.

Patil said agri start-ups can provide missing links in the agricultural value chain and deliver efficient, innovative products, technologies and services to farmers and consumers.

Addressing a virtual session ofFICCI (Federation of Indian Chambers of Commerce and Industry) summit and awards for agri start-ups,he said the food and agriculture practices and enterprises in India are poised for transformational changes in line with the new government policies.

"Agriculture has been rapidly evolving into agri business in terms of approach and structure," he was quoted as saying in a FICCI statement.

To develop congenial eco-system for agri start-ups in Karnataka, a committee had been constituted to formulate a policy framework on agri start-ups and operational guidelines.

"The committee has submitted the policy documents to the government, and we are in the process of releasing it shortly," he said, according to the statement.

Chairman, FICCI National Agriculture Committee & Group President (Corporate Relations & Alliances), TAFE Ltd, T R Kesavan said said every agri start-up has its own strength and there is a need to create a dedicated cell for agri start-ups.

Chairman, FICCI Task Force on Agri Start-ups, Hemendra Mathur said: "Bengaluru is the tech capital of the country and we must think towards building a centre for excellence in the agriculture sector with the kind of talent and resources that we have in Karnataka".

Pravesh Sharma, Chairman, FICCI Task Force on FPOs and Co-founder and CEO, Kamatan Farm Tech Pvt Ltd, emphasised on having state-level agri start-up policy for different states and this should be supported by a dedicated organisation to promote agri start-ups.

FICCI Secretary General Dilip Chenoy said the agriculture ecosystem is witnessing a wave of entrepreneurship with disruptive and futuristic ideas.



Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel