Punjab’s government will kick off the Punjab Resilient and Inclusive Agriculture Transformation (PRIAT) initiative on July 1.
The World Bank will pay $300 million of the entire cost of $402 million, the province government will contribute $18 million, and the farmers will contribute the remaining $85 million, according to official documents.
After a five-year implementation phase, the project will be finished on June 30, 2027.
The PRIAT concept will be implemented across Punjab. The project’s major focus is on:
• Improving the efficiency of on-farm water conveyance
• Everyone has access to the market and climate-smart production is pushed.
• Project management, monitoring and evaluation, communication, capacity building, and research, among other things.
This project will provide an enabling environment for the most effective and efficient use of available water resources, as well as support for the processing of agricultural produce to increase returns, at the grassroots level for the transmission of long-term innovations.