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Government of India and ADB Sign A Loan Agreement Worth 31 Million to improve Water Availability in Selected River Basins in Karnataka and Improved Water Efficiency in Irrigation

Dated:- 7-5-2015 - The Asian Development Bank (ADB) and the Government of India signed here today a $31 million loan 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 US $ 150 million Karnataka Integrated and Sustainable Water Resources Management Investment Program approved by ADB in 2014. The program will improve irrigation eff .....

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d from urban and industrial sectors. The investment program will improve water availability to meet competing water demand in selected river basins. Ms M Teresa Kho, Country Director of ADB in India, who signed the loan on behalf of ADB said that the tranche 1 loan will help modernize the Gondi irrigation system. Besides, 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 so .....

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