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ADB And India Sign $130 MN Loan For Horticulture

By PTI June 12, 2023

The project interventions will help increase the income and resilience to the effects of climate change

ADB And India Sign $130 MN Loan For Horticulture
The project will also help create an ecosystem to enhance farmers’ access to markets of subtropical horticulture.
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Government of India and the Asian Development Bank (ADB) have signed a $ 130 million loan agreement to increase agricultural productivity, improve access to irrigation and promote horticulture agribusinesses to raise farmers’ income in Himachal Pradesh.

The project interventions will help increase the income and resilience to the effects of climate change of at least 15,000 farm households across seven districts of the state namely Bilaspur, Hamirpur, Kangra, Mandi, Sirmour, Solan, and Una.

These households have stopped farming or have reduced their farming areas because of a lack of irrigation facilities and crop damage by wild and stray animals.

The project will improve on-farm irrigation and water management in about 6,000 hectares of farmland by rehabilitating or building new irrigation schemes and strengthening the capacity of WUAs for micro-irrigation management through joint efforts from the state’s Jal Shakti Vibhag (Water Resources Department) and Department of Horticulture (DOH).

The project will also help create an ecosystem to enhance farmers’ access to markets of subtropical horticulture, it said, adding, the farmers will be organised into cluster-wide community horticulture production and marketing associations (CHPMAs) and district-wide CHPMA cooperative societies.

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