Union Minister inaugurates Virtual Agri-hackathon 2020|ForumIAS Blog

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News: Union Minister of Agriculture & Farmers’ Welfare has inaugurated the Virtual Agri-hackathon 2020.

Facts:

Agri India Hackathon 2020: It is organized by the Department of Agriculture and Cooperation and Farmers Welfare in association with Pusa Krishi, ICAR – Indian Agricultural Research Institute(IARI).
Objective: It is the largest virtual gathering to create dialogues, and accelerate innovations in agriculture. The hackathon will accept innovations & ideas on farm mechanization, precision agriculture, supply chain & food technology, waste to wealth, green energy among others.
Rewards for the winners: 24 best innovations from different focus areas will be awarded a cash prize of INR 1 lakh each. The winning innovations will also get an exclusive preference for incubation support, pre-seed & seed-stage funding of 5 Lakhs & 25 Lakhs respectively along with the opportunity of field trial and access to technology validation.