Union Budget 2023: Agriculture Accelerator Fund to encourage agri-startups by young entrepreneur
New Delhi, February 1: The second day of Budget Session 2023 began on Wednesday with the Union Finance Minister Nirmala Sitharaman presenting her fifth Union Budget which she described as "the first budget in Amrit Kaal."
"We envision a prosperous and inclusive India," Sitharaman said in her opening remarks. In her Union Budget 2023 speech, Union Finance Minister Nirmala Sitharaman announced that an Agriculture Accelerator Fund would be set up to encourage agri-startups by young entrepreneurs.
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"Will launch a sub-scheme of the existing PM Matsya Sampada Yojana scheme to improve value chain efficiencies," she said.
Sitharaman started her Budget speech at 11 am, the last full Budget of the Modi government in its second term. Like the previous two Union Budgets, Union Budget 2023-24 is also presented in paperless form.
Union Budget 2023 holds much significance as the country is scheduled to have the next Lok Sabha election in April-May 2024.
- ANI
