ADB to provide loans for water management projects
Flood control, Loans, WATER MANAGEMENT, Watersheds September 21st. 2007, 11:34amFollowing is an excerpt from an IANS report that appears in many places including in Earth Times.
The Asian Development Bank (ADB) has agreed in principle to provide loan assistance of Rs.1.2 billion for the Orissa Integrated Agriculture and Water Management project.
Monich Yakoyama, ADB’s senior water management specialist for South Asian countries, …
Yakoyama, who held discussions with senior state officials here today, said that the expert team was studying different small irrigation projects, watershed projects, canal systems and water panchayats and people’s participation in water management.The project plans to involve the maximum number of self-help groups to partner water management for increasing agricultural production.The ADB will release $180 million in the first phase and would supervise implementation of the water management projects on a regular basis. Special care would be taken to rehabilitate families who would be displaced during execution of the irrigation projects.