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prelims Test Series 2019
बेसिक इंग्लिश का दूसरा सत्र (कक्षा प्रारंभ : 22 अक्तूबर, शाम 3:30 से 5:30)
ADBI-GoI Sign Loan Agreement for Karnataka
May 15, 2015

The Asian Development Bank (ADB) and the Government of India signed a 31 million dollar loan agreement to boost water availability in selected river basins in Karnataka through implementation of Integrated Water Resources Management (IWRM) and improved water efficiency in irrigation.

  • The loan is the first tranche of the 150 million dollar Karnataka Integrated and Sustainable Water Resources Management Investment Program approved by ADB in 2014.

  • The program will improve irrigation efficiency in three river basins in the state, saving 1,700 million cubic meters of water that could be used on an additional 160,000 hectares of farmland.

  • Farming this additional land could increase farm incomes by about 50% and benefit about 1.5 million people.

  • This loan will help modernize the Gondi irrigation system.

  • The loan will help train and certify over 200 Water Resources Department (WRD) staff in integrated water resources management and build capacities of water users cooperative societies.

  • The program aims at institutional strengthening of IWRM systems and will bring in international best practices of monitoring and evaluation, sub-basin planning, performance benchmarking and policy analysis.

  • Through this project, Advanced Centre for IWRM (AC-IWRM) will be developed into a sub-regional accredited institute to provide certification in the field of IWRM.

  • ADB’s loan of US $ 31 million will cover about 65% of the total project cost of 48 million dollar, with the state government of Karnataka providing the balance of 17 million dollar.

  • It is expected to be completed by March, 2019.

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