Which bank has signed a loan agreement of 210 million for Maharashtra rsquo s Agribusiness amp rural...........

Agriculture and Rural Development (Phase-I/II) Rural Development Programmes

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Which bank has signed a loan agreement of $210 million for Maharashtra’s Agribusiness & rural transformation project?

World Bank (WB)

Asian Infrastructure Investment Bank (AIIB)

New Development Bank (NDB)

Asian Development Bank (ADB)

International Monetary Fund (IMF)

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Explanation:

On January 24, 2020 the govt of India, Govt of Maharashtra and the World Bank(WB) signed a loan agreement of $210 million for Maharashtra’s Agribusiness & rural transformation project. This project will help the farmers in Maharashtra to take part in competitive agriculture value chains, enhance agribusiness investments thereby increasing productivity of commodities. All 36 districts of Maharashtra will be implemented with the project and would benefit nearly 1 million farming households.