India - Orissa Community Tanks Management Project
WASHINGTON, September 30, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:
IBRD Loan Amount: US$56 million
Terms: Maturity = 30 years; Grace = 5 years
IDA Credit Amount: SDR 34.5 million (US$56 million equivalent)
Terms: Maturity = 35 years; Grace = 10 years
Project Description: The project will rehabilitate some 900 irrigation tanks covering a cultivable area of about 120,000 hectares spread across 29 districts of the state. The project will support improvements in production technologies and management practices, and promote better market linkages. It will also strengthen community-based institutions, enabling them to assume greater responsibility for tank management. This is expected to increase productivity in agriculture, livestock and fisheries, and promote more effective and sustainable management of tank systems.
Media Contact
Erik Nora
(202) 458 4735
For project documents, please visit:
For more information, please visit the Projects website. seen at 00:37, 1 October in WorldBank. Find original source (feeling lucky?).
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