IISc-Bangalore has signed an MoU with the Telangana government to devise and set up India’s first agricultural data exchange.
Story so far: This partnership aims to provide services for farmers including seed tracking, insurance, credit options and farmer advisory. Public and private sector data sharing will be possible with the help of this which is built on the Indian Urban Data Exchange (IUDX).
- Prior to this, a partnership agreement was signed between IISc and the Ministry of Housing and Urban Affairs (MoHUA).
- Companies and startups will be encouraged to work on new farmer services.
What is IUDX: IUDX facilitates the use of data to further the use of technology within Indian cities. The programme deals with technical as well as non-technical issues related to data. It is an open-source platform that enables better efficiency in city administration.