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Current Affairs

Agri-Business Incubation Centre launched in Chhattisgarh

Date: 15 July 2019 Tags: Agriculture

Union Ministry of Agriculture and Farmers Welfare launched Agri Business Incubation Centre at Indira Gandhi Agriculture University, Raipur in Chhattisgarh. It has been set up under National Agriculture Development Scheme- RAFTAAR.

Chhattisgarh

It will focus on innovations, skill building and entrepreneurs development in agriculture and allied sectors. It will also act as catalyst for developing an ecosystem conducive for growth of agripreneurship in the state and foster a “start-up” culture.

About National Agriculture Development Scheme- RAFTAAR

  • Its full form is Rashtriya Krishi Vikas Yojana- Remunerative Approaches for Agriculture and Allied sector Rejuvenation (RKVY-RAFTAAR).
  • Objective: To make farming remunerative economic activity through strengthening farmer’s efforts, risk mitigation and promoting agri-business entrepreneurship. To empower youth through skill development, innovation and agrientrepreneurship based business models
  • Features: It provides states with considerable flexibility and autonomy for planning and executing programs. State Agriculture Departments act as Nodal Implementing Agency. It will incentivize states to increase allocations for agriculture and allied sectors and help in creation of post-harvest infrastructure and promotion of private investment in farm sector across the country.
  • Funding: It is provided to States as 60:40 grants between Centre and States (90:10 for North Eastern States and Himalayan States).
  • Sub-schemes under RKVY-RAFTAAR: (i) Bringing Green Revolution to Eastern India. (ii) Crop Diversification Program (iii) Reclamation of Problem Soil. (iv) Foot & Mouth Disease Control Program (FMD-CP). (v) Saffron Mission and (vi) Accelerated Fodder Development Programme (AFDP).