<span style="color: #222222;">Government of India and &nbsp;Asian Development Bank, ADB today signed a 100 million US dollar loan to promote an agribusiness network to boost farm incomes and reduce food losses in the State of Maharashtra.<br />''<br />'' The agreement for the Maharashtra Agribusiness Network &nbsp;Project was signed by an Additional Secretary in the Ministry of Finance Rajat Kumar Mishra and the Country Director of ADB's India Resident Mission &nbsp;Takeo Konishi.&nbsp; <br />''<br />''Mishra stated that the project supports agribusiness development in Maharashtra with holistic support to on-farm improvement in productivity, up-gradation of post-harvest facilities, and establishing efficient marketing structures. <br />''<br />''The project will help small and marginal farmers in the State improve their post-harvest and marketing capacity, reduce food losses, and increase incomes through access to finance, capacity building, and horticulture value chain infrastructure development. The project will upgrade 16 existing post-harvest facilities and construct 3 new ones to provide individual farmers and Farmer Producer Organisations, &nbsp;FPOs with clean, accessible, and sustainable crop storage and processing facilities.</span><br />
News On AIR | October 27, 2021 9:15 PM
India, ADB sign 100 million US dollar loan for agribusiness development in Maharashtra