Question : DISBURSAL OF LOANS



(a) whether the Government has entered into an agreement with World Bank to provide loans to the Indian Council of Agricultural Research (ICAR);

(b) if so, the details thereof; and

(c) the details of the total farm loan disbursed by the Government State-wise, particularly in Andhra Pradesh?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE(SHRI KANTILAL BHURIA)

(a)&(b): Yes, Sir.National Agricultural Innovation Project with the development credit assistance of the World Bank is in operation since July, 2006 for a period of 6 years with an outlay of USD of 250 million (about Rs.1190 crore) of which Government of India contribution is USD 50 million. The main objective of the project is to facilitate accelerated and sustainable transformation of Indian agriculture for enhancing productivity, profitability, income generation and livelihood security.The project has four components, namely, ICAR as the catalyzing agent for management of change in the Indian agricultural research system, Research on production to consumption systems, Research on sustainable rural livelihood security, Basic & Strategic research in the frontier areas of agricultural science. The main features of the project include consortium of partners, competitive funding, market orientation, knowledge management etc.

(c) The details of state wise release made under different subprojects of National Agricultural Innovation Project (NAIP) during the year 2007-08 (till February, 2008) are given in Annexure-I.