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Government Policies/Announcements/News | October 28, 2013
#39788

India signs $360 mn World Bank loan for UP water project

India has signed an agreement with World Bank for a credit of $360 million for Uttar Pradesh Water Sector Restructuring Project Phase-II. The agreement for the credit was signed in Delhi recently by Nilaya Mitash, Joint Secretary, Department of Economic Affairs, Ministry of Finance on behalf of the Government of India and Onno Ruhl, Country Director, World Bank on behalf of the World Bank.    Similarly the Project Agreement was signed by Deepak Singhal, Principal Secretary, Department of Irrigation on behalf of the Government of Uttar Pradesh. The Objective of the project is to support the State government on capacity building of Water Users Association (WUA), rehabilitation and modernization of Irrigation and Drainage systems, rehabilitation of dams, development of Basin River planning strategies, groundwater studies, knowledge base and flood management systems.    The Project’s Development objective is to (a) strengthen the institutional and policy framework for integrated water resources management for the entire State; and (b) increase agricultural productivity and water productivity by supporting farmers in targeted irrigation areas.    The project has six main components:    • Strengthening of State Level Water Institutions and Inter Sector Coordination  • Modernization and Rehabilitation of Irrigation and Drainage Systems  • Consolidation and Enhancement of Irrigation Institution Reforms  • Enhancing Agriculture Productivity and On-Farm Water Management  • Feasibility studies and Preparation Activities for the Next Phase  • Project Coordination and Monitoring.    The closing date for the project is October 31, 2020.

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