Q. Consider the following statements about the AgriSURE scheme:
1.The scheme aims to foster investment in agriculture and related rural start-ups.
2.The fund for the scheme is sponsored by the NABARD.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Explanation: Both Statements are correct

Statement 1 is correct:

Objectives of AgriSURE (Agri Fund for Start-ups & Rural Enterprises) Scheme:

  • Foster investment in agriculture and rural start-ups by supporting Alternative Investment Funds (AIFs).
  • Strengthen farm produce value chains for better profits through profitable forward and backward linkage systems.
  • Create jobs for skilled rural and urban youth.
  • Retain and attract youth to agriculture.

Statement 2 is correct: Fund’s sponsors: Government of India and NABARD.

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