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Latest World News Update > Blog > Business > India and ADB sign USD 50 million loan for climate-adaptative water harvesting project in Meghalaya – World News Network
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India and ADB sign USD 50 million loan for climate-adaptative water harvesting project in Meghalaya – World News Network

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Last updated: December 5, 2024 12:00 am
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New Delhi [India], December 5 (ANI): The Government of India and the Asian Development Bank (ADB) on Thursday 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, Ministry of Finance stated in a release.
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.
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 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.
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. (ANI)

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Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

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