December 5, 2022

NDRMF Extends Grant Funding Worth Rs 2899.67 Million to KP Department of Agriculture

The National Disaster Risk Management Fund (NDRMF) on Monday signed an agreement to provide grant funding worth Rs 2899.67 million to Khyber Pakhtunkhwa Department of Agriculture

ISLAMABAD, (UrduPoint/Pakistan Point News – July 25, 2022): The National Disaster Risk Management Fund (NDRMF) on Monday signed an agreement to provide grant funding worth Rs 2,899.67 million to the agriculture department of Khyber Pakhtunkhwa.

Secretary of the Ministry of Planning for Special Development Initiatives, Syed Zafar Ali Shah, witnessed the signing of a Grant Implementation Agreement signed by Muhammad Israr Khan, Secretary of the Department of Agriculture, Agriculture , Fisheries and Cooperatives KP, Shah Mahmood Khan, Planning Development Department Secretary, KP and Muhammad Fawad Hayat, NDRMF for delivering climate resilience through horticultural interventions in KP with funding by NDRMF grant in the amount of Rs 2899.67 million.

The ceremony took place at the Ministry of Planning for Special Development Initiatives.

Speaking on the occasion, Planning Commission Secretary Syed Zafar Ali Shah appreciated the initiatives taken by the KP provincial government, called it a landmark project, contributing to climate resilience and creating cultures valuable products such as olives and saffron, which will help around 10,000 farmers. contribute more to income generation and employment opportunities.

“Horticulture is an important part and such projects will help our farmers who are the backbone of the county’s economy,” said Syed Zafar Ali Shah. He said the country is facing several challenges and flooding is one of them that directly affects our agricultural sector and such projects are essential to contain the disaster.

Earlier, Planning and Development Secretary KP informed that the fundamental objective of the project is the efficient use of the potential of arable and cultivable wasteland to improve the production of olive oil and saffron while saving foreign reserves. In addition, it will build climate resilience following the adverse effects of climate change to improve food security.