India and ADB sign 91 million USD to improve water resources in Karnataka
On November 18, 2019, India and the Asian Development Bank (ADB) signed a 91 million USD agreement to improve water security of Karnataka. The loan will help to modernize the Vijayanagara Channel irrigation systems and also to increase the efficiency of Krishna river
Highlights of the project
- The Karnataka Government will strengthen the basin institutions for the Integrated and Sustainable Water Resources Management Investment Programme.
- The Programme plans to modernize about 442 kilometers of main distributaries in the Vijayanagara Channel network.
- The program has two project loans. It will help Karnataka water agencies to roll out efficient river basin management plans.
- The first project will modernize the irrigation system
- The second project will strengthen water governance
Significance
- The program will help to save 1,700 million cubic meters that can be used on additional 160,000 hectares of farmland
- The project will establish 30 water user cooperative societies. This will strengthen the irrigation canals of the farmers.
- It will help to improve the efficiency of 84% of the state’s total water use.
Asian Development Bank
The Bank is in the footsteps of achieving prosperous, resilient, sustainable and inclusive Asia and Pacific. Its goal is to eradicate poverty. In 2018 alone, the bank provided a loan of 21.8 billion USD funding several projects in the region
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