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Rural startups want greater access to capital, better infrastructure, and an enhanced supply chain.

Rural startups want greater access to capital, better infrastructure, and an enhanced supply chain.

By Kajal Sharma - 24 Jan 2024 05:37 PM

From streamlined supply chains to subsidies, better infrastructure, and easy access to funding, rural companies are putting up a strong fight for new programs designed to boost research and innovationStartups operating in different sectors, particularly in smaller towns and villages, said that as the Lok Sabha elections and the Budget approach, they anticipate the government will examine a number of teething problems, even though their "overall performance has improved owing to various policy changes in the past couple of years.""A number of challenges, including obsolete machinery, inefficient supply chains, inadequate infrastructure, and limited financing availability, confront India's food processing business.

Pardeep Kumar Yadav, the founder of Krini Spices, told PTI, "We expect the government to help us connect with global supply chains so we can export our products to international markets."Startups operating in different sectors, particularly in smaller towns and villages, said that as the Lok Sabha elections and the Budget approach, they anticipate the government will examine a number of teething problems, even though their "overall performance has improved owing to various policy changes in the past couple of years".

 

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