WB approves $130m for Punjab farmers
The World Bank has approved an additional $130 million to continue support for farmers in Punjab towards efficient use of water resources. Under the project, adopting and installing drip and sprinkler systems will significantly reduce widespread wasteful irrigation techniques. To get more out of a drop of water in agriculture production, the project aims to raise crop yields, encourage farmers to shift to high-value crops such as fruits and vegetables, and cut the amount of money paid by farmers on fertilizer, pesticides or other costs.
Under the project, drip irrigation systems have already been installed on about 26,000 acres, and 5,000 laser leveling units have been provided.
The additional financing will ensure completion of 120,000 acres with ponds in saline areas and for rainwater harvesting and filtration systems for drinking water where possible.