Government’s focus on implementing drone-based agrochemical spraying to boost the sector
CropLife India has commended the Indian government’s provisions for agricultural drones in the national budget. It notes that the government’s focus on implementing drone-based agrochemical spraying through funding arrangements for start-ups and rural enterprises will
boost the sector. The funding will include blended capital raised under a co-investment model through the country’s National Bank for Agriculture and Rural Development (NABARD). NABARD is an apex regulatory body for the overall regulation of regional rural banks and apex cooperative banks in India.
Asitava Sen, CEO, CropLife India’s, hails the inclusion of kisan drones (farming drones) in the national budget, for which the association put forth a range of suggestions to the government in November.
