World Bank’s $172 million loan to make farming viable in Andhra Pradesh, India

Friday, November 9, 2018

World Bank has signed an agreement with the government of India and government of Andhra Pradesh to extend a loan of $172.2 million (Rs 1,257 crore) to help turn farming in Andhra a financially viable activity.

The program, the Andhra Pradesh Integrated Irrigation and Agriculture Transformation Project (APIIATP) will benefit 200,000 families of poor and marginalised farmers, agro-entrepreneurs, women and other vulnerable groups.

Photo courtesy of Market Development Facility.

Source: Economic Times (link opens in a new window)

Categories
Agriculture
Tags
agribusiness, agriculture, farmers, global development, smallholder farmers, World Bank