Daily Agriculture Current Affair 15 dec

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Modi govt’s big bonanza for farmers; hikes MSP on Rabi crops from 50% to 109%

The Modi-government Wednesday hiked the Minimum Support Price (MSP) on Rabi crops from 50% to 109% for marketing season 2020-21. This is being seen as a big pro-farmer move by the government in its bid to increase farmers’ income.

Indian agritech start-ups receive $248 million funding in H1 2019: Nasscom

Indian start-ups in the agritech sector received more than $248 million funding in the first six months this year, according to a report unveiled by NASSCOM on Monday.

The report, titled “Agritech in India -Emerging Trends in 2019”, said that Indian agritech start-ups have received $248 million funding in H1 2019, registering 300 per cent growth as compared to  H1 2018 funding.

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