March 20, 2017

World Bank Board approves USD 175 million for National Hydrology Project of India

The World Bank Board on 16 March 2017 approved the USD 175 million National Hydrology Project to strengthen capacity of institutions to assess water situation in their regions.
This loan from the International Bank for Reconstruction and Development (IBRD) of World Bank will have a 6-year grace period and a maturity of 23 years.
The project aimed at assisting the institutions in reducing the vulnerability to recurring flood and droughts.

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