ADB, India sign Rs. 130 million loan

Government of India and the Asian Development Bank (ADB) have signed a USD 130 million loan agreement to increase agricultural productivity, improve access to irrigation and promote horticulture agribusinesses to raise farmers’ income in Himachal Pradesh, a release said.

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, the release said.

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, it said.

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), it said.