New Delhi. Union Minister of State (IC) Ministry of Science and Technology; Minister of State (IC) Ministry of Earth Science; MoS of Prime Minister’s Office and Ministry of Personnel, Public Grievances & Pensions Dr. Jitendra Singh said, Agri-tech Start-ups are critical to India’s future economy. Addressing a Conclave-cum-Exhibition on Agri-Tech and Food-Tech in the Royal city of Mysuru, Dr. Jitendra Singh said, a new wave of Agri-tech startups has come up in India in the last few years due to enabling policy environment provided by the Modi government to address the problems of Indian agriculture such as supply chain management, use of outdated equipment, improper infrastructure, and the inability of farmers to access a wider range of markets with ease.
The Minister noted with satisfaction that young entrepreneurs are now quitting their jobs in sectors and MNCs to establish their own startups and these young entrepreneurs are now beginning to realize the fact that investing in agriculture is one of the very few safe and profitable businesses.