India inks $318 mn World Bank loan for TN irrigation scheme




Irrigation in India (File Photo). Image credit: YouTube

–TMC Desk

New Delhi, Dec 27: The governments of India and Tamil Nadu on Tuesday signed an agreement with the World Bank for the multilateral lender to provide a $318 million loan for modernisation of irrigation projects in Tamil Nadu, improve market opportunities for small and marginal farmers and their adoption of climate resilient techniques.

According to an official statement here, around 5 lakh farmers, of which a majority are small and marginal, are expected to benefit from improved and modernized tank irrigation systems.

“About 500,000 farmers, of which a majority are small and marginal, are expected to benefit from improved and modernised tank irrigation systems,” a Finance Ministry statement said.

Under the Tamil Nadu Irrigated Agriculture Modernisation project, about 4,800 irrigation tanks and 477 check dams across 66 sub-basins will be rehabilitated and modernised to deliver bulk water to irrigation systems in the state, it said.

Tamil Nadu is a water stressed state that continues to experience water shortages which are expected to exacerbate in future, the statement added.

“More than 160,000 hectares of currently partially irrigated lands will come into full irrigation under this project,” the statement cited Department of Economic Affairs Joint Secretary Sameer Kumar Khare as saying at the loan signing event here.

“This project will help Tamil Nadu scale up its efforts to unlock the full potential of its agriculture sector. It will support farmers improve efficiency of water used in farming, diversify into high value crops and produce crops that are resilient to increasing threats of climate change,” said World Bank Country Director (acting) John Blomquist.

–IANS

Liked it? Take a second to support The TMC Desk on Patreon!




28 Comments

  1. I’m curious to learn just what blog system you have been utilizing? I’m having some slight security issues with our latest website regarding new sports so I’d like to find a thing a lot more secure. Are there any suggestions?

  2. “Wow, superb blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your web site is excellent, as well as the content!”

  3. “It’s really a nice and helpful piece of info. I am glad that you shared this helpful info with us. Please keep us up to date like this. Thanks for sharing.”

  4. “My brother suggested I might like this blog. He was totally right. This post truly made my day. You cann’t imagine just how much time I had spent for this information! Thanks!”

  5. Are you tired of your ac repair in Dubai? Are you looking for Certified Professionals to carry out your ac repair with improved facilities and in an expert way?. Hot and humid conditions are not easy to tolerate, especially when you are not used to them. But, thanks to the air conditioners – living in such extreme settings can also become a pleasant experience, and more so if you are in Dubai.

  6. Hey could you let me know which blogging platform you are working with? I am seeking to begin my own personal blog on sofa steam cleaner in the future although I’m having a difficult time making a decision.

  7. Heya, you’re definitely right. I frequently read your articles thoroughly. I’m furthermore interested in online excel classes, you could discuss this sometimes. I’ll be back soon!

  8. Quality blog brings quality monitoring and changes mind of intelects.A small donation you may be interested.Visit my blog

Leave a Reply

Your email address will not be published.