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Commodity Champions: Experts discuss the road ahead for agriculture startups

Updated : September 04, 2020 08:00 PM IST

The grass is getting greener in the agriculture sector which has shown positive growth in the previous quarter. Exports have also surged considerably, growing not only from March to June, but also in July.

A record food grain production has contributed to this rise along with deregulation of agriculture markets. Amendments of Essential Commodities Act and price assurance to farmers also aided exports.

In addition to this, the rise of agri-preneurship has streamlined services like transportation, real-time monitoring and quality testing aiding farmers. In a bid to encourage such agriculture startups, the government has invested Rs 11.85 crore in 112 agriculture startups and intends to invest about Rs 37 crore more.

But as the pandemic continues to weigh on the economy, what is the road ahead for these agriculture startups and what stimulus does the sector need as a whole?

To discuss that and more, CNBC-TV18’s Manisha Gupta spoke to Avinash BR, CEO and co-founder of Clover; Prasanna Rao, managing director at Arya Collateral and Pankaj Khandelwal, chairman and managing director of INI Farms.
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