Current Affairs Exam

India Signs MoU with World Bank for $250 Million Project

The has authorized a USD 250 million project in India for long-term dam safety Software and improving the safety and performance of existing Dams across quite a number of states of India.

Highlights:

The 2nd Dam Rehabilitation and Improvement Project (DRIP-2) agreement was inked on between the World Bank, the Indian Government, the Central Water Commission, and government representatives from 10 collaborating states. The assignment will be applied at the countrywide stage through the Central Water Commission (Cwc).

At the national level, about a hundred and twenty dams will be undertaken throughout Chhattisgarh, Kerala, Gujarat, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Odisha, Rajasthan, and Tamil Nadu. Other states or businesses may additionally be added to the mission at some point of task implementation.

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