Current Affairs - Agriculture

The 'AgriSURE' fund aims to boost Agri Start-Ups and rural enterprises by providing financial support through a Category-II Alternative Investment Fund (AIF) of Rs 750 crore. This initiative involves contributions from the Department of Agriculture & Farmers Welfare, NABARD, and financial institutions, with NABVENTURES managing the fund. The fund is designed to foster innovation, entrepreneurship, and sustainable development within the agriculture sector, promoting economic growth and employment opportunities in rural areas.

The Andhra Pradesh Community Managed Natural Farming (APCNF) program, spearheaded by the Government of Andhra Pradesh, received the prestigious Gulbenkian Prize for Humanity 2024. This recognition highlights the state's efforts in promoting sustainable agriculture, enhancing food security, and fostering climate resilience among smallholder farmers. The program's innovative approach supports transitioning from conventional to natural farming practices, contributing significantly to ecosystem protection and rural empowerment in Andhra Pradesh.