Infrastructure sector projects by Goverment Of Bihar in Districts in the Kosi River Basin
Project Information
6941
Goverment Of Bihar
New Delhi, January 20:
India and the World Bank on Wednesday signed a $250 million financing agreement for Bihar Kosi Basin development project.
“The objective is to enhance resilience to floods and increase agricultural production and productivity in the targeted districts in the Kosi River Basin, and to enhance Bihar’s capacity to respond promptly and effectively to an eligible crisis or emergency,” said a Finance Ministry release.
The loan is for an implementation period of five years. The Bihar government would be the implementing agency.
The project would have five components – improving flood risk management; enhancing agricultural productivity and competitiveness; augmenting connectivity; contingent emergency response; and implementation support.
The primary beneficiaries will be rural producers and households in the Kosi river basin that is regularly flooded.
Project Value
INR 25 Crore /-
JV Agreement Signed
Districts in the Kosi River Basin
Bihar
India
Infrastructure
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