India Secures $98 Million ADB Loan for Horticulture Productivity
| Why in News | Key Points |
|---|---|
| India signs $98 million loan with ADB for horticulture | - Loan amount: $98 million from Asian Development Bank (ADB) to enhance horticulture productivity in India. - Focus on establishing disease-free planting material systems to boost crop yield and quality. - Project aims to improve resilience to climate change. - Atmanirbhar Clean Plant Programme (CPP) aligned with the project. - Involves clean plant centres with diagnostic laboratories for maintaining high-quality planting materials. |
| Loan Agreement Signatories | - Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance (India). - Kai Wei Yeo, Officer-in-Charge, ADB's India Resident Mission. |
| Collaboration | - Collaborating entities: Ministry of Agriculture and Farmers Welfare, National Horticulture Board, Indian Council of Agricultural Research. - Private nurseries, researchers, state governments, and growers' associations to ensure success. |
| Implementation Details | - Clean plant centres with state-of-the-art laboratories for disease diagnostics. - Clean plant certification scheme for private nurseries to ensure certified planting materials. |
| Relevance to Climate Change | - Focus on adapting to climate change through disease-free planting materials. - Rising temperatures affect pest and disease behavior, making plant health management crucial. |
| Scheme Related | - Atmanirbhar Clean Plant Programme (CPP): Focus on improving plant health management in horticulture. - Clean plant certification for quality planting materials. |