World Bank and Himachal Pradesh signed USD 80-million loan agreement to boost agriculture


Date & Time: 2020-03-16 18:08:32

Himachal Pradesh and World Bank have signed USD 80-million loan to boost agriculture and water management in the state. It will help them to create better farming conditions in the state. The Government of India, World Bank and the Government of Himachal Pradesh have signed a USD 80 million loan agreement to improve water management and agricultural productivity in some selected Gram Panchayats (Village Councils) in Himachal Pradesh. Himachal Pradesh is rich in natural resources. The integrated project for source stability in Himachal Pradesh will be implemented in 428 Gram Panchayats in 10 districts. It will benefit more than 4,00,000 small farmers, women, and rural communities.