The Asian Development Bank has approved a $130 million (over Rs1,072 crore) loan to increase agricultural productivity and promote horticulture agribusinesses to raise farmers' income in Himachal Pradesh.

Banking & Finance

The Asian Development Bank has approved a $130 million (over Rs1,072 crore) loan to increase agricultural productivity and promote horticulture agribusinesses to raise farmers' income in Himachal Pradesh. The Himachal Pradesh Subtropical Horticulture, Irrigation, and Value Addition Project will help increase the income and resilience to the effects of climate change of at least 15,000 farm households in Bilaspur, Hamirpur, Kangra, Mandi, Sirmour, Solan, and Una. The project will improve on-farm irrigation and water management in about 6,000 hectares of farmland by rehabilitating and constructing new irrigation facilities, establishing new water sources, and strengthening the capacity of water user associations and of Jal Shakti Vibhag (Water Resources Department).


     

     

     

 

     


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