The Rural Entrepreneurship Development Scheme, which was launched by Prime Minister Narendra Modi last year, is being implemented from 2016-17, it added.
"It is a new programme to impart opportunities for attaining experience as well as entrepreneurship skills on part of agriculture graduates. Under this scheme, the agriculture graduation students will be granted a scholarship of Rs 3,000 per month," Singh said at Mahatma Phule Agriculture Vidyapeeth here.
The objective is to augment knowledge as well as skill as per the requirements of the private sector. It aims to create competence among undergraduate students to initiate their own enterprise, he said in a statement.
He further said that "for first time the degrees imparted by agriculture university in Maharashtra have been given professional status".
On this occasion, Ahamednagar MP Dilip Kumar Gandhi and Shirdi MP Sadashiv Kisan Lokhande were also present.