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24/06/2022 09:20pm

UN-ESCAP and Gates Foundation to jointly support innovative agri-business models in India and South Asia

image UN-ESCAP and Gates Foundation to jointly support innovative agri-business models in India and South Asia

New Delhi, June 24 (KNN) The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has partnered with the Bill & Melinda Gates Foundation to support innovative business models in agriculture in India and across South Asia.

They jointly launched the “Regional Inclusive Business Models in Agriculture and Food Systems” initiative at the Private Sector Roundtable on Promoting Inclusive Business in India held on Thursday.

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The initiative will promote innovative business models that support inclusive agricultural transformation by improving access to technologies, services, and platforms in India and South Asia.

The programme will be implemented for 3 years in South Asia.

It will open new market opportunities, generate income, offer affordable goods and access to market to big and small businesses, MSMEs in India & South Asia.

The 3 year plan will focus on five major paths such as Building capacity firm, Policy support, Facilitation and Partnerships, Evidence Generation & Knowledge Transfer through coaching activities with private sector, consultations and collaboration with local institution.

In addition, a number of ASEAN countries - in particular Cambodia, Malaysia and Viet Nam - are in the process of adopting strategies to promote inclusive businesses.

There are opportunities to support the implementation of such strategies, learn from these efforts, and replicate best practices in India.  (KNN Bureau)

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