+
UP govt, World Bank in talks for Rs 39.03 billion agricultural project
ECONOMY & POLICY

UP govt, World Bank in talks for Rs 39.03 billion agricultural project

The Uttar Pradesh government, along with the Department of Economic Affairs (DEA) and the World Bank, engaged in negotiations for the Rs 39.03 billion Uttar Pradesh Agricultural Growth and Rural Enterprise Ecosystem Strengthening project. Chief Secretary Manoj Kumar Singh represented the state in discussions held in New Delhi.

This six-year initiative aims to boost productivity in agriculture and allied sectors, connecting smallholder farmers with high-value commodity clusters. Singh emphasised the project's role in Uttar Pradesh's goal to reach a trillion-dollar economy by 2030. Key areas of focus include developing high-value crop clusters and a robust fisheries sector, particularly in the eastern and Bundelkhand regions.

The project will introduce a digital agriculture platform to offer farmers real-time insights, aiding in resource optimisation, resilience, and productivity gains. Chief Secretary Singh expressed confidence that UP farmers, with access to national and international best practices, could achieve remarkable growth.

Discussions highlighted core components such as climate-resilient productivity, value-added commodity clusters, and enhancement of digital and financial ecosystems. With Jewar airport expected to open by mid-2025, new export opportunities will further support local agriculture.

World Bank's Country Director for India, Auguste Tano Kouam, affirmed the institution’s commitment to support this transformative project. The World Bank's board of directors is expected to review and potentially approve the project by mid-December 2024. (Business Standard)

The Uttar Pradesh government, along with the Department of Economic Affairs (DEA) and the World Bank, engaged in negotiations for the Rs 39.03 billion Uttar Pradesh Agricultural Growth and Rural Enterprise Ecosystem Strengthening project. Chief Secretary Manoj Kumar Singh represented the state in discussions held in New Delhi. This six-year initiative aims to boost productivity in agriculture and allied sectors, connecting smallholder farmers with high-value commodity clusters. Singh emphasised the project's role in Uttar Pradesh's goal to reach a trillion-dollar economy by 2030. Key areas of focus include developing high-value crop clusters and a robust fisheries sector, particularly in the eastern and Bundelkhand regions. The project will introduce a digital agriculture platform to offer farmers real-time insights, aiding in resource optimisation, resilience, and productivity gains. Chief Secretary Singh expressed confidence that UP farmers, with access to national and international best practices, could achieve remarkable growth. Discussions highlighted core components such as climate-resilient productivity, value-added commodity clusters, and enhancement of digital and financial ecosystems. With Jewar airport expected to open by mid-2025, new export opportunities will further support local agriculture. World Bank's Country Director for India, Auguste Tano Kouam, affirmed the institution’s commitment to support this transformative project. The World Bank's board of directors is expected to review and potentially approve the project by mid-December 2024. (Business Standard)

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code