Question 2200

What is the name of the fishery project in Assam for which the Centre and ADB have signed a $1 million technical assistance grant to support?

Answer

Sustainable Wetland and Integrated Fisheries Transformation Project

Why?

Correct Answer: Sustainable Wetland and Integrated Fisheries Transformation (SWIFT) Project In News The Government of India and the Asian Development Bank signed over $800 million in development financing, including a $1 million technical assistance grant for a fisheries and wetlands project in Assam. Key Points The Centre and ADB formalised a $1 million technical assistance grant dedicated to Assam’s fisheries and wetland ecosystem improvement. The support is specifically for the Sustainable Wetland and Integrated Fisheries Transformation (SWIFT) Project. The project focuses on enhancing wetland ecological health and promoting sustainable, modernised fisheries in the state. SWIFT aims to improve livelihoods dependent on fisheries while strengthening long-term ecological resilience in Assam. Additional Information Maharashtra Loan: $500 million for agricultural solarization under the Power Distribution Enhancement Programme. Madhya Pradesh Loan: ¥27.14 billion (~$190.6 million) for the Indore Metro underground corridor. Gujarat Loan: $109.97 million for the Skills Development Programme led by Kaushalya: The Skill University. ADB India Mission: Agreements were signed by Mio Oka (ADB) and Saurabh Singh (DEA), Government of India.