India: Building Capacity for Climate Resilience and Soil Nutrition Management among Smallholder Farmers
The transaction technical assistance (TA) is designed to complement a proposed loan of up to $33 million to Smartchem Technologies Limited (STL) for the STL Climate Smart High Efficiency Crop Nutrition Project in India. The investment will finance capital expenditures including energy efficiency investments, R&D and training related to its enhanced efficiency specialized fertilizers (EESF) business.
Private Sector Operations Department
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- Agriculture, natural resources and rural development
|Project Name||Building Capacity for Climate Resilience and Soil Nutrition Management among Smallholder Farmers|
|Borrower / Company|
|Country / Economy||India
|Type or Modality of Assistance||
|Strategic Agendas||Inclusive economic growth
|Drivers of Change||Private sector development
|Sector / Subsector||
Agriculture, natural resources and rural development / Agro-industry, marketing, and trade
|Gender Equity and Mainstreaming||Effective gender mainstreaming|
|Responsible ADB Department||Private Sector Operations Department|
|Responsible ADB Division||Office of the Director General, PSOD|
|Responsible ADB Officer||Dora, Tushna|
|Objectives and Scope||The transaction technical assistance (TA) is designed to complement a proposed loan of up to $33 million to Smartchem Technologies Limited (STL) for the STL Climate Smart High Efficiency Crop Nutrition Project in India. The investment will finance capital expenditures including energy efficiency investments, R&D and training related to its enhanced efficiency specialized fertilizers (EESF) business.|
|Linkage to Country/Regional Strategy||
The project is consistent with Strategy 2030's operational priority (OP) 1 by improving incomes of farmers and creating employment opportunities for people, OP 2 by promoting gender equality through the gender action plan22, OP 3 by promoting adoption of advanced technologies to ensure sustainable use of land and water resources and building farmers' climate resilience, and OP 5 by providing quality farm inputs to farmers to improve agricultural production. The project is also aligned with the Operational Plan for Private Sector Operations, 2019 2024, which calls for focusing on the agricultural inputs subsector and mobilizing funds for _more environmentally sustainable_ subsectors and climate-adapted agribusiness projects. The project is also aligned with ADB's country partnership strategy for India, 2018 2022, which (i) identified supporting investments in rural infrastructure to improve agricultural productivity, (ii) stated that ADB will focus on government priorities to double farmers' incomes, and (iii) stated that ADB will provide support to intensify and diversify agricultural production.
The project is consistent with Strategy 2030 Operational Plan for Priority 5, which stresses that _over/misuse of fertilizers and pesticides is contaminating soil, water, and marine resources_ and that _smallholder farmers' access to modern inputs, is quite limited._ The plan further calls for ADB to mobilize investments to _sustainably increase farm productivity and incomes_ and promote _better-quality farm inputs._ The project was processed with the South Asia Department employing the One ADB approach, and will also complement ADB's Maharashtra Agribusiness Network Project, whose beneficiaries will also benefit from access to these better quality inputs.
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|Timetable for assistance design, processing and implementation|
|Credit Committee Meeting||-|
|Last PDS Update||21 Jun 2022|
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
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|Title||Document Type||Document Date|
|Building Capacity for Climate Resilience and Soil Nutrition Management among Smallholder Farmers: Technical Assistance Report||Technical Assistance Reports||Jun 2022|
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
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