More Details about loan:
The International Bank for Reconstruction and Development (IBRD) will provide the loan amount on behalf of the World Bank. According to the loan agreement signed between Indian Government and the World Bank, the loan amount will be having a grace period of 6 years, along with the maturity period of 18 years.
The Atal Bhujal Yojana aims to provide strength to the institutional framework for participatory groundwater management and to encourage behavioural changes at the community level for sustainable groundwater resource management. With this, it will curb the country’s depleting groundwater levels along with strengthening of the groundwater institutions.
Atal Bhujal Yojana (ABHY) Implementation:
ABHY will be implemented in 7 states and cover 78 districts. The 7 states are: Madhya Pradesh, Uttar Pradesh, Rajasthan, Haryana, Gujarat, Karnataka and Maharashtra. The ABHY programme will increase the recharge of aquifers and introduce water conservation practices. It will also promote water harvesting, crop alignment, and water management activities.
The above targets are expected to be achieved with the use of cutting-edge technology along with Artificial Intelligence and space technology which will further help in better implementation of the programme.
Important takeaways for all competitive exams:
The Union Cabinet has approved the strategic stake sale of IDBI Bank to Canada Inc.…
On October 14, 2026, fourteen-year-old British photographer Oscar Whitfield was named the Young Wildlife Photographer…
The Wholesale Price Index inflation for India climbed to 11.39% in September 2026, as compared…
The ratification of the agreement between India and Russia regarding temporary employment will help to…
The Thermal Infra-Red Imaging Satellite for High-resolution Natural Resource Assessment (TRISHNA) is an international Earth…
India is one of the seven nations that want to host the Summer Olympic Games…