World Bank OKs USD372M for 2 India Projects

The World Bank approved June 15 two projects in India, which are worth USD372 million.

The bank allocated USD222 million for the Integrated Coastal Zone Management Project to put in place a range of complementary pilot projects such as mangrove plantation, coral reef regeneration, beach cleanup in selected coastal stretches.

Also, the bank approved USD150 million in additional financing to the Karnataka Rural Water Supply and Sanitation Project to support the local government’s efforts to increase access to sustainable drinking water and sanitation services in rural areas.

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    Chiden Balmes

    Chiden, a correspondent based in Seoul, focuses on computer-assisted reporting to provide international development professionals with practical business and career information. He also contributes to the Development Newswire and the Global Development Briefing, two of the world's highest-circulation development publications.