World Bank agrees to consider Assam agri project

Image
Press Trust of India Guwahati
Last Updated : Nov 10 2014 | 5:26 PM IST
Assam Chief Minister Tarun Gogoi today said the World Bank has agreed in principle to consider a mega project in the state under Assam Agricultural Competitiveness Project (AACP) proposed by the state.
The new project, 'Assam Agricultural Commercialization and Rural Transformation Project', worth Rs 12,000 crore, was submitted to the Centre on June 4 and the proposal has been cleared by the Ministry of Agriculture and was now pending with the Planning Commission, an official release said.
Gogoi, while reviewing the projects, asked all officers concerned to complete the remaining works under the project, including accelerating the disbursement and timely execution of contract immediately.
World Bank's Country Director for South Asia Region Rajni Khanna appreciated the progress in all sectors under AACP with particular reference to successful innovative activities including the establishment of a statewide groundwater monitoring system, farmer producer organization and a pilot program of using solar power for running irrigation pumpsets, the release said.
A total of 4,97,612 beneficiaries in about 1,09,406 beneficiary groups across agriculture, fisheries, livestock, dairy and forestry sectors have benefited so far.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 10 2014 | 5:26 PM IST

Next Story