India and ADB sign $50 million loan for Meghalaya water-harvesting project
On 5 December 2024, in India, the Government of India and the Asian Development Bank signed a $50 million loan for a climate-adaptive community-based water-harvesting project in Meghalaya.
Summary
On 5 December 2024, in India, the Government of India and the Asian Development Bank (ADB) signed a $50 million loan for the Climate-Adaptative Community-Based Water-Harvesting Project in Meghalaya. The project will build 532 small water-storage facilities across 12 districts, develop 3,000 hectares of command area and set up 50 weather stations. Juhi Mukherjee of the Department of Economic Affairs signed for India and Mio Oka, Country Director of ADB's India Resident Mission, for ADB. The project aligns with the Meghalaya State Water Policy 2019.
Key facts
- Date
- 5 Dec 2024
- Loan
- $50 million from ADB
- Water-storage facilities
- 532 across 12 districts
- Command area
- 3,000 hectares
- Weather stations
- 50
- Policy link
- Meghalaya State Water Policy 2019
Practice MCQs 3 questions
What was the amount of the ADB loan signed on 5 December 2024 for the climate-adaptive water-harvesting project in Meghalaya?
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Correct answer: D — $50 million
PIB (5 Dec 2024): the Government of India and the Asian Development Bank signed a $50 million loan for the climate-adaptive water-harvesting project in Meghalaya.
How many small water-storage facilities will the ADB-funded Meghalaya water-harvesting project build?
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Correct answer: A — 532
PIB (5 Dec 2024): the project will support construction of 532 small water-storage facilities across 12 districts in Meghalaya.
Consider the following statements about the Meghalaya water-harvesting project for which a loan was signed with ADB on 5 December 2024: 1. It will establish 50 weather stations for climate data gathering and monitoring. 2. It aligns with the Meghalaya State Water Policy 2019. Which of the statements given above is/are correct?
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Correct answer: C — Both 1 and 2
PIB (5 Dec 2024): the project will establish 50 weather stations for climate data gathering and monitoring, and it aligns with the Meghalaya State Water Policy (MSWP) 2019. Both statements are correct. Answer: Both 1 and 2.