Agriculture Ministry invited Agritech startups, FPOs for providing equity grants, costs & support at EXPO2020 Dubai.
Ministry of Agriculture and Farmers Welfare invited agritech startups and Farmer Producer Organizations (FPOs) to submit an application to the ministry as part of India’s efforts to showcase the country’s investment-friendly policies and growth opportunities in agriculture and allied sectors at EXPO2020 Dubai and assured them that they would be taken into account for providing equity grants, management costs, and other available support measures.
According to the ministry, the ‘Food, Agriculture, and Livelihood’ fortnight (February 17th – March 2nd) will include a variety of sessions presided over by officials from the Ministries of Agriculture and Farmers Welfare, Fisheries, Animal Husbandry & Dairying, and Cooperation. Furthermore, a variety of events have been planned for the fortnight under the major topics of millets, food processing, horticulture, dairy, fisheries, and organic farming, as well as the tremendous investment prospects these sectors provide.
‘The fundamental goal of our participation at Expo2020 is to help small and marginal farmers who require economies of scale, collectivization, and more forums to come together, establish synergies, and connect with markets both local and international,’ Likhi added.
Shubha Thakur, Joint Secretary, Ministry of Agriculture and Farmers Welfare, stated, ‘Indian farmers produce food that not only feeds India but also offers food security to the rest of the globe. Millets is a significant topic for us, and we would want to use this worldwide platform to learn about the health and nutritional elements of millets and bring back the glory of millets,’ she added of the subject for the first week of the fortnight.
India grows all nine generally recognized millets and is the world’s largest producer and second-largest exporter of millets. The United Nations General Assembly officially declared 2023 to be the International Year of Millets, a resolution presented by India and backed by more than 70 countries.
During the opening of the ‘Millet’ theme as part of the ‘Food, Agriculture, and Livelihood’ fortnight at the India Pavilion’s sector floor, the delegation led by Likhi introduced the Millet Book, which includes healthy and delectable dishes prepared with millets. The group also opened the inaugural ‘Millet food festival,’ during which visitors will be able to sample healthful and nutritious delights made from millets.
Agriculture and associated industries are the backbones of the Indian economy, accounting for around 19% of total exports. According to the Ministry of Agriculture and Farmers’ Welfare’s second advance estimate announced on Wednesday, a record foodgrains output of 316.06 million tonnes is expected for the crop year 2021-22.