Integrated Project For Source Sustainability And Climate Resilient Rain-Fed Agriculture In Himachal Pradesh
- The Government of India, Government of Himachal Pradesh and the World Bank signed a US$80 million loan agreement to improve water management practices and increase agricultural productivity in selected Gram Panchayats (Village Councils) in Himachal Pradesh, a mountain state richly endowed with natural resources.
- The Integrated Project for Source Sustainability and Climate Resilient Rain-Fed Agriculture in Himachal Pradesh will be implemented in 428 Gram Panchayats in 10 districts benefiting over 400,000 smallholder farmers, women and pastoral communities.
- The project will improve upstream water sources in forests, pastures and grasslands and ensure sufficient water is available for sustainable agriculture both in Himachal Pradesh and in downstream states.
- The investment in downstream areas will augment the use of irrigation and help farmers shift from low-value cereal production to climate-resilient crop varieties and to higher-value fruit and vegetable production.
- The US$80 million loan from the International Bank for Reconstruction and Development (IBRD) has a final maturity of 14.5 years including a grace period of five years.