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World Bank to aid Kerala farmers adapt to climate change

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NABARD ARDNABARD Grade A
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How & Why Farmers Producers Organization are formed? FPO #fpo #upsc #nabardgradea #agriculturenotesTap to play · from the C4S channel
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Credit: Business Line

World Bank approves $200 million for Kerala Climate Resilient AgriValue Chain Modernization Project

KERA, the Kerala Climate Resilient AgriValue Chain Modernization Project, will benefit approximately 400,000 farmers by promoting climate-smart practice.

The replanting of coffee, cardamom, and rubber with climate-resilient varieties and increasing food parks in rural areas will be activities for this project.

Highlights:

  • Such parks will be built multi-sectoral, involving infrastructure support for agri-businesses such as food processing and value addition.
  • This project ensures strengthening the linkages of farmer groups with agribusiness intending to enhance producer-buyer relations.
  • This project will mobilize at least $9 million in commercial finance that will really be used by SMEs owned by women.

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