Rajasthan govt sends proposal to WB for Rs 434-cr plan
The Rajasthan government has sent a proposal to the World Bank for Rs 434-crore plan to revamp the agriculture, animal husbandry and marketing network, under the multi-state agricultural competitiveness project.Updated: Jan 28, 2009 21:03 IST
The Rajasthan government has sent a proposal to the World Bank for Rs 434-crore plan to revamp the agriculture, animal husbandry and marketing network, under the multi-state agricultural competitiveness project.
On its part, the state government has already sanctioned Rs 44 crore for the project during 2009-10.
Apart from Rajasthan, the Centre has selected Andhra Pradesh, Orissa, Tamil Nadu and Maharashtra for this World Bank-aided project.
"The Centre has included those states which have amended the existing market acts. The total cost of the project estimated in these five states is around Rs 2,500 crore and in all probability, the World Bank would share 90 per cent of the expenditure," an agriculture department official added.
Agriculture Board administrator Vipin Chandra Sharma said that the project contemplates a rise in small and medium entrepreneurial investments in agriculture and more effective use of public funds.
As many as 82 Krishi Upaj Mandis and 20 special mandis will be developed under the project. Sharma said the farm producers' cooperative society would ensure an active participation of cultivators in marketing activities, he said.
As per the proposal, the department has earmarked Rs 1.08 crore on animal husbandry, Rs 5.33 crore on dairy development and Rs 1.70 crore on fisheries, while Rs 425 crore would be spent on agriculture and agriculture marketing.
First Published: Jan 28, 2009 21:00 IST