{"id":12668,"date":"2024-06-14T15:26:12","date_gmt":"2024-06-14T15:26:12","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=12668"},"modified":"2024-06-14T15:26:12","modified_gmt":"2024-06-14T15:26:12","slug":"world-bank-sanctions-125-million-loan-to-kerala-4","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/world-bank-sanctions-125-million-loan-to-kerala-4\/","title":{"rendered":"World Bank sanctions $125 million loan to Kerala"},"content":{"rendered":"<p>As part of the states ResilientKeralaProgram, the  (WB) has sanctioned 125 million USD to the state to support the states preparedness against natural disasters, <a href=\"https:\/\/exam.pscnotes.com\/<a href=\"https:\/\/exam.pscnotes.com\/climate\">Climate<\/a>-change&#8221;>Climate Change<\/a> impacts, disease outbreaks and pandemics.<\/p>\n<p>The Resilient Kerala Program will focus on two key areas. First, it will incorporate disaster risk planning in the master plans of urban and local self-governments to ease financial constraints on the <a href=\"https:\/\/exam.pscnotes.com\/state-government\">State Government<\/a> when faced with unexpected shocks. Second, it will help make the <a href=\"https:\/\/exam.pscnotes.com\/health\">Health<\/a>, <a href=\"https:\/\/exam.pscnotes.com\/water-<a href=\"https:\/\/exam.pscnotes.com\/resources\">Resources<\/a>&#8220;>Water Resources<\/a> management, <a href=\"https:\/\/exam.pscnotes.com\/<a href=\"https:\/\/exam.pscnotes.com\/agriculture\">Agriculture<\/a>-notes-for-state-psc-exams&#8221;>Agriculture<\/a> and road sectors more resilient to calamities.<br \/> The program is part of a programmatic series of the bank-financed operations in the state.<\/p>\n<p>The first Resilient Kerala Development Policy Operation (DPO) approved in June 2019 had undertaken several initiatives. It had helped the state draft a river basin conservation and management act, which will conserve and regulate water resources and ensure their sustainable management, allocation and utilization. It had also introduced climate-resilient agriculture, risk-informed land use and <a href=\"https:\/\/exam.pscnotes.com\/disaster-management-notes-for-state-psc-exams\"><a href=\"https:\/\/exam.pscnotes.com\/disaster-management\">Disaster Management<\/a><\/a> planning. The program laid the foundations for a five-year state <a href=\"https:\/\/exam.pscnotes.com\/partnership\">PARTNERSHIP<\/a> framework.<\/p>\n<p>The support to key sectors under the program include sustainable fiscal and <a href=\"https:\/\/exam.pscnotes.com\/debt-management\">Debt Management<\/a> through establishing a debt management unit in the finance department to support the states efforts to scale down its debt-to-GSDP ratio to a sustainable trajectory, providing timely and adequate assistance to vulnerable households, disaster and climate-resilient urban development, create resilient public health systems, ensure an integrated and sustainable <a href=\"https:\/\/exam.pscnotes.com\/water-resources-management\">Water Resources Management<\/a>, ensure sustainable and resilient food systems and create a climate-resilient road <a href=\"https:\/\/exam.pscnotes.com\/infrastructure\">Infrastructure<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of the states ResilientKeralaProgram, the (WB) has sanctioned 125 million USD to the state to support the states preparedness against natural disasters, Water Resources management,<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1099],"tags":[978],"class_list":["post-12668","post","type-post","status-publish","format-standard","hentry","category-kerala","tag-24-07-21"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - 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