India-World Bank Current Affairs - 2020

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Atal Bhujal Yojana: GoI and World Bank signed loan agreement of 450 million USD

On February 17, 2020, the World Bank and the Government of India signed a loan agreement to support the national programme that aims on strengthening ground water institutions and also arrest the depletion of ground water resources.

Highlights

The project supported by the World Bank called the “National Ground Water Management Improvement Programme” is to be implemented in the states of Uttar Pradesh, Madhya Pradesh, Rajasthan, Gujarat, Maharashtra, Karnataka and Haryana. The programme is to cover 78 districts. The districts were selected based on degree of ground water depletion, degradation and exploitation of groundwater, institutional readiness in implementing initiatives related to management of groundwater. The states were selected as they span hard rock aquifers that are present in peninsular India and alluvial aquifers that are found in Indo-Gangetic Plains.

Key Features of the Programme

The Programme is also called Atal Bhujal Yojana. It is a centrally sponsored scheme. Under the scheme the World Bank will provide Rs 6,000 crores for sustainable management of groundwater. The scheme is implemented by the Ministry of Jal Shakti.

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India & World Bank sign Agreement of 210 million USD in agriculture and rural transformation

The Government of Maharashtra and World Bank signed a 210 million USD agreement to facilitate agriculture value chains, increase market access and build resilient crops.

Highlights

The Project is to be implemented in 36 districts of the state of Maharashtra. Around 43% of farmers and farm workers are expected to participate in the project. The main aim of the agreement is to facilitate small farmers compete agri-business investments and build crops resilient to flood and droughts.

It also aims in building Sanitary and Phytosanitary measures

Scenario in Maharashtra

Today, Maharashtra is the largest producer of fruits and vegetables in the country. It is also the largest exporter of pulses, fruits, cotton, vegetables and soybean. However, the area of cultivation of rice and wheat in the state has been declining constantly in the state.

Also, 43% of farm-workers and farmers participating in the project are women.

Other Programmes

India is also conducting other programmes under National Action Plan on Climate Change to promote climate smart technologies and practices and also use of less water.

Sanitary and Phytosanitary Measures

These are measures that are applied to protect animal and human life from the risks of spread of pests, diseases, toxins and contaminants in food.

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