India and ADB sign $98 million loan for the Clean Plant Programme in horticulture
On 29 November 2024 in New Delhi, the Government of India and the Asian Development Bank signed a $98 million loan for 'Building India's Clean Plant Programme' to give horticulture farmers certified disease-free planting material.
Summary
On 29 November 2024 in New Delhi, the Government of India and the Asian Development Bank (ADB) signed a $98 million loan for the 'Building India's Clean Plant Programme' project. It aims to improve horticulture farmers' access to certified disease-free planting material, boosting yield, quality and resilience to climate impacts. The agreement was signed by Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, and Kai Wei Yeo, Officer-in-Charge of ADB's India Resident Mission. The project supports the government's Atmanirbhar Clean Plant Programme (CPP): it will set up clean plant centres with diagnostic laboratories and roll out a clean plant certification scheme that accredits private nurseries. It will be implemented by the Ministry of Agriculture and Farmers Welfare through the National Horticulture Board and the Indian Council of Agricultural Research.
Key facts
- Loan
- $98 million, ADB, signed 29 Nov 2024
- Project
- Building India's Clean Plant Programme
- Supports
- Atmanirbhar Clean Plant Programme (CPP)
- Components
- Clean plant centres with labs; certification scheme accrediting private nurseries
- Implementation
- MoA&FW through National Horticulture Board and ICAR
Practice MCQs 2 questions
What was the size of the loan signed by India and the Asian Development Bank on 29 November 2024 for 'Building India's Clean Plant Programme'?
Show answer
Correct answer: A — $98 million
PIB (Finance): the Government of India and ADB signed a $98 million loan for the Building India's Clean Plant Programme.
Through which bodies will the Ministry of Agriculture and Farmers Welfare implement the ADB-supported Clean Plant Programme project?
Show answer
Correct answer: B — National Horticulture Board and ICAR
PIB (Finance): the project will be implemented by the Ministry of Agriculture and Farmers Welfare through the National Horticulture Board and the Indian Council of Agricultural Research.