India holds around 60% rural Indian households making their living from agriculture. The agriculture industry here in India contributes around 17-18% to its GDP and around 130 million farmers and their families are struggling to get themselves out of poverty. However, in the last couple of years, there has been a rise in the number of agritech startups that are not only making technology more accessible but also helping these farmers to improve their lives, aiming to breakeven due to continued investor interest in more rounds of fundings. Agritech startups in India raised US$426 m, a 3x rise in comparison to the previous year. Investors say the agriculture sector was showing huge signs of technological disruption and did not have the potential to build scalable businesses that could impact India’s large agricultural population. This industry has the potential to reach about $24 bn in revenue by the year 2025.
Budget: खेती को आसान बनाने के लिए होगा ड्रोन का इस्तेमाल, किसानों की आय बढ़ाने के लिए PPP मॉडल का लिया जाएगा सहारा
सरकार ने वित्त वर्ष 2022-23 के दौरान देशभर के किसानों (Farmers) को डिजिटल और उच्च-प्रौद्योगिकी वाली सेवाओं के वितरण के लिए किसान ड्रोन (Kisan Drone),