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India & World Bank sign $250 million project to safe dams and resilient

India & World Bank sign $250 million project to safe dams and resilient_50.1

The World Bank has approved a USD 250 million projects in India for a long-term dam safety program and improving the safety and performance of existing dams across various states of India. The Second Dam Rehabilitation and Improvement Project (DRIP-2) agreement was inked on between the World Bank, the Government of India, the Central Water Commission, and government representatives from 10 participating states. The project will be implemented at the national level through the Central Water Commission (CWC).

At the state level, approximately 120 dams will be undertaken across the states of Chhattisgarh, Gujarat, Kerala, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Odisha, Rajasthan, and Tamil Nadu. Other states or agencies may be added to the project during project implementation.

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Other important measures that DRIP-2 will support include flood forecasting systems and integrated reservoir operations that will contribute to building climate resilience; the preparation and implementation of Emergency Action Plans to enable vulnerable downstream communities to prepare for and enhance resilience against the possible negative impacts and risks of climate change; and the piloting of supplemental revenue generation schemes such as floating solar panels.

Important takeaways for all competitive exams:

  • World Bank Headquarters: Washington, D.C., United States.
  • World Bank Formation: July 1944.
  • World Bank President: David Malpass.

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