According to the bank website,"the proposed project will strengthen and speed up ongoing agricultural systems transformation in the state of Maharashtra. The project will support the state in strengthening the continuing market-driven transition, with an expanded private sector role in the production, processing, and value addition, commercialisation of crops, and livestock products. With a substantial urban population–the highest in the country; relatively high per capita incomes–third highest in the country; and the highest industrialisation level amongst states, Maharashtra is well placed for such agricultural sector transformation. The proposed project will support the following pillars of agriculture and rural transformation in the state"
Borrower US$ 80 million
Other source US$ 10 million
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