The Rashtriya Krishi Vikas Yojna (RKVY) is an important scheme of the Government of India, Ministry of Agriculture and Farmers’ Welfare (MoA&FW), aimed at strengthening infrastructure in agriculture and allied areas in order to promote agripreneurship and agribusiness by providing financial support and nurturing the incubation ecosystem, a new component under the revamped scheme RKVY- RAFTAAR (Remunerative Approaches for Agriculture and Allied sector Rejuvenation) has been launched in 2018-19.

Under this scheme, new agribusiness incubators will be established as well as existing agribusiness incubators strengthened with need-based infrastructure, equipment, and manpower. These R-ABIs will invite applications from agripreneurs in different stages of the business life cycle (ideation/expansion) and provide them an opportunity to generate innovations in agriculture and allied sector.

These innovations may include, for example, technological solutions/processes/products/ services/ business platforms, etc. that could enhance productivity or increase efficiency in agriculture and allied activities, enhance remuneration/ farmers’ incomes, rural economy and wealth. Aligning farmers to market through value chain approach with a sustainable development agenda will be the other key objective of the incubation/Agripreneurship development programme under RKVY-RAFTAAR.

Work as a catalyst and centre of excellence for Agriculture and allied sector Start-ups.

To be a most Trusted Agribusiness Incubator ingrooming Young Agri-entrepreneur.

1. Farm Mechanisation

2. Biotechnology and Bioinformatics

3. Post-Harvest Processing

4. Agri-Food Processing

5. Agronomy, Soil &Agri Health Services

6. Farm Retailing

7. Precision Farming

8. Nutraceuticals&Agri-Value Chain

9. Supply Chain Management

10. Internet of Things (IoT) & Information and Communication Technology (ICT) in Agriculture

11. Artificial Intelligence in Agriculture

1. Strengthening of existing agribusiness incubators for integratedrejuvenation and development and setting up new R-ABI(RKVY-RAFTAAR Agribusiness Incubators).

2. Agripreneurship Orientation ( Two months in-house training programme)

3. Idea/Pre-Seed Stage Funding of Agripreneurs (Hand holding amount up to 5 lakh)

4. Seed Stage Funding of R-ABI Incubatees( Hand holding amount up to 25 lakh)

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