Dark Mode
Suman Kumar Chowdhary | Edited By: Venkatesh Kumar
Updated on: Feb 07, 2023 | 5:16 PM
Iotechworld Navigation’s ‘Agribot Drone’ receives India’s first DGCA “Type Certification”. Union Aviation Minister Jyotiraditya Scindia granted this certification to Ayotech Navigation in June 2022.
Drone manufacturer Ayotechworld Navigation today announced a partnership with State Bank of India (SBI). During this, Aviation said that this government bank will provide loans to farmers at a concessional rate under the central government’s scheme to buy the company’s agricultural drones. At the same time, the company’s co-founder Deepak Bhardwaj said that SBI will provide loans to the customers of Ayotechworld Navigation at the market rate without pledging anything.
Let us tell you that this agreement took place on February 1, which was signed by Yogendra Shelke and Deepak Bhardwaj of DGM IC&GL, ABU&GSS in State Bank of India. Bhardwaj said that agriculture-drones are going to prove to be a boon for India’s agriculture sector. The loan facility provided by SBI will prove to be very helpful for those farmers who were not able to buy drones due to lack of institutional finance facility.
Iotechworld Navigation’s ‘Agribot Drone’ receives India’s first DGCA “Type Certification”. Union Aviation Minister Jyotiraditya Scindia granted this certification to Ayotech Navigation in June 2022.
At the same time, expressing happiness over this partnership, Anup Upadhyay, co-founder of Iotechworld Navigation, said that drones help in the best use of fertilizers and pesticides in agriculture, which reduces the cost of farming. The use of agriculture-drone will not only increase the yield, but will also save a lot of time. Agri-drones are going to prove to be a miracle for Indian agriculture.
Upadhyay said that the Agriculture Infrastructure Fund (AIF) is a post-harvest finance facility provided by the Government of India for post-harvest produce management infrastructure and farm assets. Under the AIF scheme launched in the year 2020, one lakh crore rupees are to be disbursed by the financial year 2025-26 and interest subvention and loan guarantee assistance is to be given by 2032-33. So far, Rs 15000 crore has been sanctioned under AIF.
today’s big news
Source: www.tv9hindi.com”