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Sunday, July 14, 2024

Narendra Modi, premier ministre indien, et le FIDA annoncent un programme de 217 millions de dollars pour les populations rurales du Jammu-et-Cachemire

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Project Objectives

The project aims to assist 300,000 families and 1.5 million people across 20 districts in the territory to adopt climate-smart and market-oriented production methods. This will be achieved through the promotion of good agricultural practices, diversification into high-value crops suitable for the region’s climate, and expansion of areas dedicated to niche crops and horticulture.

Key Actions

The project will focus on creating sustainable and inclusive agricultural producer organizations, improving productivity in niche crops and horticulture, ensuring better prices for farmers, and enhancing the resilience of vulnerable groups. It will also support the growth of agricultural businesses, particularly those led by young women, by helping them access new markets. Vulnerable communities will benefit from livelihood diversification by adopting better livestock practices and selling wool at competitive prices, thus creating new sources of income for a more inclusive rural economy.

Project Funding

IFAD is contributing $100 million to the $217.2 million project, with $50.7 million allocated for climate action. The government of Jammu and Kashmir has committed $26.4 million, private banks will provide $20.8 million, and the private sector will contribute $20.7 million. Participants in the project will also invest $45.8 million from their own funds.

FAQ

IFAD’s Work in India

India, as a founding member of IFAD, benefits from strategic programs and initiatives that align with the country’s efforts to develop sustainable and resilient agricultural systems for small-scale farmers. IFAD has supported 34 rural development projects in India, totaling $1.36 billion, directly benefiting over 6.3 million families.

Conclusion

Through the Jammu and Kashmir Integrated Agriculture Competitiveness Improvement Project (JKCIP), Indian Prime Minister Narendra Modi and IFAD aim to enhance the competitiveness and climate resilience of small-scale farmers in the region. With a total project funding of $217.2 million, the initiative focuses on transforming agriculture, increasing incomes, and improving the livelihoods of rural communities. By promoting sustainable practices and supporting inclusive agricultural producer organizations, the project seeks to create a more prosperous and resilient agricultural sector in Jammu and Kashmir.


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