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India - Maharashtra Agricultural Competitiveness Project

September 28, 2010

WASHINGTON, September 28, 2010 - The World Bank’s Board of Executive Directors approved the following project:

IDA Credit: US$100 million equivalent

Terms: Maturity = 40 years; Grace = 10 years

Project ID: P120836

Project Description: The objective of the project is to increase the productivity, profitability, and market access of the farming community in the state of Maharashtra. Farmers will be assisted through farmer organizations; alternative market channels developed outside of regulated markets, and improved services provided by modernizing promising traditional wholesale markets.

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