Government of India and ADB sign $98 million loan to promote plant health management in India’s horticulture

Government of India and ADB sign $98 million loan to promote plant health management in India’s horticulture

Daily Current Affairs / Government of India and ADB sign $98 million loan to promote plant health management in India’s horticulture

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Category : National Published on: December 02 2024

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The Government of India and the Asian Development Bank (ADB) today signed a loan of $98 million to improve access for horticultural crop farmers to certified disease-free planting material, which will enhance their crop yields, quality, and resilience to climate impacts.
The signatories to the loan agreement for the Building India's Clean Plant Programme were Ms. Juhi Mukherjee, Joint Secretary, Department of Economic Aﬀairs, Ministry of Finance, and Kai Wei Yeo Oﬃcer-in-Charge of ADB’s India Resident Mission, for ADB.
ADB's funding will promote plant health, which is crucial for improving farmers' productivity.

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