India’s Agriculture Industry Gets Financial Boost

A new multi-million dollar initiative – backed by the World Bank – aims to improve the performance of the agriculture industry in India, according to an article on Innovatorsmag.com.

An investment of $82.50 million was sanctioned by the World Bank Board of Executive Directors this month, to support the efforts of the Indian Council of Agricultural Research (ICAR) and agricultural universities in the country to build a stronger industry in India.

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“Higher agricultural productivity will help India respond to several challenges such as persistent malnutrition, increased water scarcity and climate change,” explained Junaid Ahmad, World Bank Country Director in India.

Read the full story on Innovatorsmag.com.

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