World Bank to infuse Rs 700 cr for agri-facelift in Rajasthan - News Summed Up

World Bank to infuse Rs 700 cr for agri-facelift in Rajasthan


The bank has committed an interest-free loan of around Rs 700 crore to change the face of agriculture in the state. The project - Rajasthan Agricultural Competitiveness Project (RACP) – is likely to be launched early next year in 20 selected areas involving over 10,000 hectares across agro-ecological zones of 10 districts of the state. The project has been hanging fire since 2012 when World Bank had sanctioned that loan. Just then state agriculture minister Prabhu Lal Saini, also known as towering minister due to his height, took keen interest and the project picked momentum in May this year. The finance department, under the stringent directives of the World Bank, has started the process of appointing the consultants for the project.


Source: dna August 26, 2017 03:00 UTC



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