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Central Government/Public Sector | Andhra Pradesh - India | PID: 191279

Value:

500 Crore | The World Bank has agreed in-principle to extend a loan of Rs 500 crore (USD 70 million) for a Watershed Project in Andhra Pradesh. The loan will be extended for a period of five years to fund 70 percent of the Watershed Project. The state government will bear rest of the 30 percent. The state government will implement and oversee the project with a consortium of the State Rural Development Agency, the Agriculture Department, the Andhra Pradesh Space Applicable Centre and the Agriculture University. The Watershed Programme will involve protection of water resources in areas where there is water scarcity. | Updated on: 28 - Nov - 2019

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