Chief Minister Chandrababu Naidu Launches ₹5.11 Lakh Crore NABARD Credit Plan for Fiscal Year 2026-27
A significant allocation of ₹5,313 crore has been designated to promote horticulture development in the Rayalaseema and Prakasam districts of Andhra Pradesh. This substantial investment is part of the state governments broader initiative to enhance agricultural productivity and improve the livelihoods of farmers in these regions, which have historically faced challenges in agricultural diversification.
The funding aims to support various horticultural projects, including the cultivation of fruits, vegetables, and flowers, improving irrigation facilities, and providing technical assistance to farmers. Additionally, the initiative seeks to create better market access for horticultural produce, enabling farmers to secure fair prices for their crops.
The Rayalaseema region and Prakasam district are known for their potential in horticulture, but the area has struggled with drought and water scarcity issues. By developing this sector, the government hopes to mitigate these challenges while fostering sustainable agricultural practices and boosting the local economy.
Stakeholders, including agricultural experts, local government officials, and farmer cooperatives, are expected to collaborate closely on the implementation of these horticultural projects, ensuring they meet the specific needs of the communities involved. This strategic investment reflects the governments commitment to enhancing agricultural resilience and achieving food security in the state.
