which organization is to provide a USD 10 millon to extend horticulture in himachal pradesh
Answers
Answer:
The Asian Development Bank (ADB) and the Government of India on 30th December 2020 signed a $10 million project readiness financing (PRF) to help finance piloting activities, and design and capacity building for an ensuing project that aims to expand horticulture production and farm household income in the hill state of Himachal Pradesh.
The signatories to the PRF for Himachal Subtropical Horticulture, Irrigation, and Value Addition Readiness Project were Dr. C. S. Mohapatra, Additional Secretary, Department of Economic Affairs in the Ministry of Finance who signed for the Government of India, and Mr. Hoe Yun Jeong, Officer-in-Charge of ADB’s India Resident Mission, who signed for ADB.
After signing the loan agreement, Dr Mohapatra stated that the PRF project will support advance actions to achieve high level of project readiness through detailed design activities, capacity building of state level agencies, and creating an enabling environment for subtropical horticulture development in the state.
“The PRF project aims to ensure implementation readiness with prior testing of new production technologies and marketing systems so that the ensuing project is cost-effective and gets completed in a timely manner to enhance farm profitability,” Mr. Jeong said.
The ensuing project, to be designed by the PRF, will support development of subtropical horticulture, including cultivation of fruits and vegetables, in the state’s southern region which is currently lagging due to limited access to perennial water sources, crops losses due to wild animal encroachment and limited access to high value markets.
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Answer:
I think NABARD (national Bank for agriculture and rural development)