7 hrs ago
Leaders Launch Rs 1 Lakh-Crore Global Horticulture Hub
Andhra Pradesh plans to build a very large project for growing fruits and other crops.
It is called the Global Horticulture Hub.
The project may cost about Rs 1 lakh crore.
The government will provide some money and try to attract more funding from private companies.
It will cover many villages and farming areas in 10 districts.
The plan is to use more land for horticulture and produce much more food.
It will also improve irrigation, roads, storage, processing and export facilities.
About 9.6 lakh farmers are expected to benefit directly.
A new Indian School of Agriculture will help farmers use technology and better farming methods.
The Global Horticulture Hub will be launched at Madanapalle on Friday by N Chandrababu Naidu and Nirmala Sitharaman, with Pawan Kalyan also expected to attend.
The project is estimated at about Rs 1 lakh crore, including Rs 40,352 crore in government funding and Rs 60,000 crore targeted from private investment.
It will cover 201 clusters across 303 mandals and 5,869 villages in 10 districts of Andhra Pradesh.
Horticulture cultivation is planned to expand from 8.41 lakh hectares to 14.41 lakh hectares, while production is targeted to rise from 222 lakh metric tonnes to 435 lakh metric tonnes.
The leaders will also lay the foundation stone for the Indian School of Agriculture, a proposed technology and research institution being developed with Reliance Industries Limited.
- Who
- Andhra Pradesh Chief Minister N Chandrababu Naidu and Union Finance Minister Nirmala Sitharaman will launch the project; Deputy Chief Minister Pawan Kalyan is expected to attend.
- What
- The Global Horticulture Hub will expand horticulture and develop irrigation, roads, logistics, processing and export infrastructure.
- Where
- The ceremony will take place in Madanapalle, and the hub will cover 10 districts of Andhra Pradesh, including areas of Rayalaseema.
- When
- The launch and foundation-stone ceremony are scheduled for Friday.
- Why
- The project aims to increase horticultural production, improve farmer incomes, reduce post-harvest losses and establish Rayalaseema as a major fruit-producing and export region.
Key facts
- Estimated investment
- About Rs 1 lakh crore
- Government funding
- Rs 40,352 crore: Rs 20,884 crore for irrigation, Rs 15,000 crore for horticulture development and Rs 4,562 crore for roads
- Targeted private investment
- About Rs 60,000 crore
- Project coverage
- 201 clusters, 303 mandals and 5,869 villages across 10 districts
- Cultivation target
- Increase from 8.41 lakh hectares to 14.41 lakh hectares
- Production target
- Increase from 222 lakh metric tonnes to 435 lakh metric tonnes
- Farmers covered
- About 9.6 lakh expected direct beneficiaries
- Irrigation plan
- Create irrigation potential for 9 lakh acres and stabilise irrigation across 4.3 lakh acres
Sources
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