Cabinet Approves INR 2,817 Cr Digital Agriculture Mission To Enhance Farmers’ Income

Cabinet Approves INR 2,817 Cr Digital Agriculture Mission To Enhance Farmers’ Income

SUMMARY

The Digital Agriculture Mission will serve as an umbrella scheme to support digital agriculture initiatives, such as creating DPI and implementing the Digital General Crop Estimation Survey

Under the scheme, the Centre aims to build three DPIs – Agristack, Krishi Decision Support System, and Soil Profile Mapping

AgriStack will give digital identity to farmers, which will be linked to the state’s land records, livestock ownership, crops sown, demographic details, family details, among others

Days after expanding the scope of the Agriculture Infrastructure Fund (AIF), the union cabinet approved the ‘Digital Agriculture Mission’ scheme with an outlay of INR 2,817 Cr to strengthen the country’s agriculture sector and improve farmers’ income.

The Digital Agriculture Mission will serve as an umbrella scheme to support digital agriculture initiatives, such as creating digital public infrastructure (DPI) for agriculture, implementing the Digital General Crop Estimation Survey (DGCES), and taking up other IT initiatives by the central government, state governments, and academic and research institutions.

The scheme has provisions for soil profile mapping, digital crop estimation, digital yield modelling, crop loan, and modern technologies like AI and Big Data among others, the government said in a statement on Monday (September 2). 

Under the scheme, the Centre aims to build three DPIs – Agristack, Krishi Decision Support System, and Soil Profile Mapping

AgriStack will give digital identity to farmers, similar to Aadhaar, which will be linked to the state’s land records, livestock ownership, crops sown, demographic details, family details, schemes and benefits availed.

Crops sown by farmers will be recorded through mobile-based ground surveys i.e. Digital Crop Survey to be conducted in each season.

The Centre has already signed a memorandum of understanding (MoU) with 19 state governments to create and implement the DPI for agriculture and the basic IT infrastructure for implementing AgriStack has been developed and is being tested on a pilot basis.

With the Krishi Decision Support System, the Centre aims to build a comprehensive geospatial system to unify remote sensing-based information on crops, soil, weather, water resources, among others.

The scheme aims to profile soil of about 142 Mn hectares of the agricultural land in the country. Of this, detailed soil profiling of about 29 Mn hectares has already been completed, the statement added.

On the DGCES, the statement said that it “will provide yield estimates based on scientifically designed crop-cutting experiments. This initiative will prove very useful in making accurate estimates of agricultural production”.

The Cabinet approval is in line with finance minister Nirmala Sitharaman’s announcement in her Budget speech this year to set up DPI for agriculture

Meanwhile, union agriculture minister Shivraj Singh Chouhan is set to launch the AgriSURE fund – a category II Alternative Investment Fund for startups operating in agriculture and allied sectors.

The INR 750 Cr AgriSURE fund will offer both equity and debt support to agritech startups, with a special emphasis on high-risk, high-impact activities in the agriculture value chain. 

It is pertinent to note that the Indian agricultural sector accounts for nearly 16% of the country’s gross domestic product (GDP) and employs nearly 44% of the national workforce. 

While the sector is still plagued by old-age practices and obsolete technology, homegrown agritech startups are trying to transform the Indian agriculture landscape, offering innovative digital solutions from providing weather-based crop advisory and soil analysis to promoting IoT-enabled practices and AI-driven technology.

The fast-growing agriculture sector is expected to become a $24 Bn opportunity by 2025.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Cabinet Approves INR 2,817 Cr Digital Agriculture Mission To Enhance Farmers’ Income-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Cabinet Approves INR 2,817 Cr Digital Agriculture Mission To Enhance Farmers’ Income-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Cabinet Approves INR 2,817 Cr Digital Agriculture Mission To Enhance Farmers’ Income-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Cabinet Approves INR 2,817 Cr Digital Agriculture Mission To Enhance Farmers’ Income-Inc42 Media
Cabinet Approves INR 2,817 Cr Digital Agriculture Mission To Enhance Farmers’ Income-Inc42 Media
You’re in Good company