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ADB to provide USD 91 million loan for Vijayanagara Channel

ADB to provide USD 91 million loan for Vijayanagara Channel_50.1

The Centre and Asian Development Bank (ADB) has signed an agreement to extend 91 million US dollar loan to modernize the Vijayanagara Channel Irrigation Systems and prepare river basin management plans in the Krishna river basin.

It will help improve irrigation water use efficiency and contribute to improving sustainable water security in Karnataka. The investment programme will help Karnataka Government strengthening its institutions involved in integrated water resource management and modernizing the irrigation system infrastructure for improving water use efficiency in the State.

Static/Current Takeaways Important For RRB NTPC/SSC CGL:

  • Capital of Karnataka: Bengaluru; CM: BS Yediyurappa; Governor: Vajubhai Vala.

Source: The News on AIR

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