The Government of India and the World Bank signed a $200 million Loan Agreement for the Assam Agribusiness and Rural Transformation Project. The Project will support Assam to facilitate agri-business investments, increase agricultural productivity and market access.
The Project will be implemented in over 16 Districts of Assam. Over 500,000 farming households will directly benefit from the Project.
Important Takeaways from Above News for IBPS PO Exam-
- Jim Yong Kim is the President of World Bank.
- The World Bank headquarters in Washington, D.C., United States.
- Jagdish Mukhi is the present Governor of Assam.
Source- Press Information Bureau (PIB)