New Delhi: The Government said on 20 August the Multi-State Agricultural Competitiveness Project, undertaken by the Ministry of Agriculture with the assistance from World Bank, would help farmers get better prices for their produce.
Agriculture Minister Sharad Pawar said in Lok Sabha during Question Hour that the project would look into improving the infrastructure like cold storage chain and transportation to avoid losses.
“The MACP will mainly focus on expanding market infrastructure and increasing farmers’ access to market opportunities by improving the relevance of market information and regulatory framework,” he said.
Pawar informed the House that the World Bank was offering interest free loan for implementing the project.
Initially, Andhra Pradesh, Rajasthan, Tamil Nadu, Orissa and Maharashtra were part of the project but later Punjab was also added.
The appraisal of the project was likely to be taken up by the World Bank before December this year, Pawar said.