Union Minister reviews Power Sector and Urban Development Schemes with Jharkhand Govt (See 'Corp Brief') APEDA facilitates First Export of fresh Uttarakhand Litchi to Italy (See 'Corp Brief') Nadda calls for Push towards a TB-Free India (See 'Corp Brief') India must take control of security-related necessities to remain future-ready: RM (See 'Corp Brief') Nearly 25 Crore People moved out of poverty: Dr Jitendra Singh (See 'Corp Brief') Flagship Schemes and Innovative Interventions accelerate India's Clean Energy Transition (See 'Corp Brief') Tech Innovation and disruption in Construction Industry (See 'CORP EINSICHT') Historic Qadian-Beas Railway Line Project revived after Nearly 100 Years: Bittu (See 'Corp Brief') TEC workshop focuses on Spectrum Utilization and Satellite-Enabled 5G/6G Networks (See 'Corp Brief') Trade Marks - Quasi-judicial authority cannot validly base its decision on grounds that were not specifically disclosed in SCN, thereby depriving noticee of an effective opportunity to respond: HC (See 'Legal Desk') Smart Seed Technology delivers up to 30% Higher Yields in Groundnut and Soybean (See 'Corp Brief') Joshi launches Smart Warehousing System for Foodgrain Storage (See 'Corp Brief') NIXI to showcase India's growing Internet Ecosystem (See 'Corp Brief') A&C - Financial hardship cannot justify payment of disputed amount linked to fulfilment of deliverable-based obligations: HC (See 'Legal Desk') On Patna visit, Chouhan gives inspiring message in cleanliness campaign (See 'Corp Brief') Railways approves Rs 405 Crore Signalling Modernisation Project on Eastern Railway (See 'Corp Brief') Ministry of Coal to organize 3rd Roadshow on Surface Coal Gasification Projects in Mumbai (See 'Corp Brief') Bharat Innovates 2026 strengthens India's Position as Global Deep-Tech and Innovation Hub (See 'Corp Brief') DAE Secy & Chairman visit Tarapur site; commends NPCIL dedication to the Nuclear Energy Mission (See 'Corp Brief') Two-day Conference on Capacity Building and Strategic Roadmap concludes (See 'Corp Brief') IPR - Interim arrangement directing payment of ad hoc licence fees to copyright owner can continue upon determining that such entity cannot grant licences without registration u/s 33: HC (See 'Legal Desk') 'VB-G RAM G' national launch to begin from AP on July 1: Chouhan (See 'Corp Brief') Iconic Bridges: Pillars of New India's Infrastructure Transformation (See 'Corp Brief') 250 cyclists to join Union Sports Minister as Fit India Movement links cycling, yoga and healthy living (See 'Corp Brief') CCI okays TVS Emerald to acquire shares of combination of PGIM India Asset & PGIM India Trustees (See 'Corp Brief') IPR - Search engine cannot be permitted to auction or monetise that asset without proprietor's authorisation: HC (See 'Legal Desk') CCI approves subscription of equity by Kedaara Pearl & Kedaara Capital in Axis Finance (See 'Corp Brief') CCI nod for combination of certain CCPS and Romsons Group (See 'Corp Brief') PMLA - 180-day limit for provisional attachment cannot be extended due to Supreme Court's COVID limitation orders: HC (See 'Legal Desk')

India, ADB sign USD 50 mn loan for water harvesting in Meghalaya

Published: Dec 06, 2024

By TIOLCorplaws News Service

NEW DELHI, DEC 06, 2024: THE Government of India and the Asian Development Bank (ADB) yesterday signed a USD 50 million loan aimed at enhancing water security by constructing water-harvesting systems to improve access to water and reducing community vulnerability against climate change impacts in Meghalaya.

The signatories to the loan agreement for the Climate-Adaptative Community-Based Water-Harvesting Project in Meghalaya were Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance, for the Government of India, and Mio Oka, Country Director of ADB's India Resident Mission, for ADB.

After signing the loan agreement, Mukherjee stated that the project aligns with the Meghalaya State Water Policy (MSWP) 2019, which seeks to achieve sustainable development, management, and utilisation of the state's water resources through a participatory approach, reduce vulnerability, and promote integrated water resource management.

"Beyond financing, ADB's value addition will involve assisting the state in implementing the MSWP and providing guidance on integrating climate adaptation measures into water security plans. This includes designing water harvesting systems (WHS) to support agriculture, fisheries, horticulture, water supply, and other productive livelihoods for economic development", Oka said.

The project will help develop a state-wide WHS master plan considering micro catchment areas and disaster risk management. This will guide the creation of water security plans at the village level to be managed by the village employment councils, watershed management committees and water users' associations.

The project will support the construction of 532 small water-storage facilities across 12 districts. These facilities will incorporate climate-resilient designs to capture and manage heavy rainfall and flash floods during monsoon season. The stored water shall improve water security during the dry season. The project will develop 3,000 hectares of command area to provide reliable irrigation areas for farmers. It will establish 50 weather stations for climate data gathering and monitoring, and micro-irrigation systems in Garo, Jaintia, and Khasi regions. The project will also pilot-test renewable energy micro-hydropower in three WHSs.

ADB will help strengthen the capacity of the Meghalaya State Watershed and Wasteland Development Agency and the Soil and Water Conservation Department in water management, operation, and management. In addition, the project will train farmers, especially women, to increase livelihood productivity in irrigated agriculture such as horticulture and fishery techniques.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 69 members-49 from the region.

TIOL CORP SEARCH

TIOL GROUP WEBSITES