Wednesday 6 June 2012

Worlds bank approves USD 109 million grants for Rajasthan




                   The Worlds bank has approved a USD 109 million grant for Rajasthan to promote water efficient agriculture through sustainable and efficient use of resources in the desert state.


               The fund approved for the Rajasthan Agriculture Competitiveness Project is expected to benefit some 1, 55,000 farmers, mainly those with small land holding in the state.

                Rajasthan has limited water resources and is facing an increasing constraint on its availability, in particular for agriculture.

                The initiatives under the project are expected to help farms move from low value and water-guzzling crops to high value farming, as aimed in state’s water policy of 2010.

                It also aims at efficient use of water in farms, according to the World Bank. 

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