Support: +91-22-61011756 /
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Centre, West Bengal govt, AIIB ink loan agreement for USD 145 mn project

Friday, 15 May 2020
Share this on :
The government of India, West Bengal government and the Asian Infrastructure Investment Bank (AIIB) inked a loan agreement for a USD 145 million project to improve irrigation services and flood management in the Damodar Valley Command Area (DVCA) in West Bengal.
The West Bengal Major Irrigation and Flood Management Project will benefit about 2.7 million farmers from five districts of the state across 393,964 ha area with better irrigation services and improved protection against annual flooding to mitigate the impact of climate change.
The project will assist in improving irrigation and agriculture in the Damodar Valley Command Area, by optimising the use of surface and groundwater and strengthening flood management, which will help boost agricultural productivity and increase incomes in rural areas.
The DVCA is over 60 years old requires modernisation. The project will invest in measures to reduce flooding, including strengthening of embankments and desilting.
Several institutional reforms are planned under the project. These include introduction of a modern Management Information System (MIS), benchmarking and evidence-based decision making, promotion of conjunctive use of surface and groundwater, introduction of rational asset management and improving transparency through citizen engagement. 
Irrigation Service Providers will be recruited on a performance basis to improve the quality of irrigation services.
The total value of the project is USD 413.8 million, co-financed between the AIIB worth USD 145 million, IBRD worth 145 million and the government of West Bengal worth USD 123.8 million. The USD 145 million loan from the AIIB has a six year grace period, and a maturity of 24 years.


Post Your Comments


Sign up to start your free trial

Are you...


Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services