- The project covers six states — Assam, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura, focusing on cultivation, processing, and value chains.
- It aims to create rural livelihoods, with at least one women‑led manufacturing facility per state, ensuring gender inclusion.
- The initiative will reduce India’s dependence on bamboo imports, despite the country holding nearly 39% of global bamboo resources.
- It supports community‑based projects and private sector‑led industrial chains, aligned with the National Bamboo Mission.
- The program promotes agricultural productivity, sustainable resource use, and inclusive growth, expected to generate employment and eco‑friendly industries.
Question:
Q.1 Which international financial institution approved a USD 42.2 million Small Expenditure Financing Facility (SEFF) to strengthen the bamboo industry in Northeast India?a) International Monetary Fund (IMF)
b) World Bank
c) Asian Infrastructure Investment Bank (AIIB)
d) Asian Development Bank (ADB)
Answer: d) On 25 June 2026, the Asian Development Bank (ADB) approved a USD 42.2 million Small Expenditure Financing Facility (SEFF) to promote the bamboo sector in Northeast India.
