US$181m loan for Indian water project


  • Business
  • Wednesday, 27 Aug 2003

NEW DELHI, India (AP) - The World Bank has approved a loan of US$181 million to partially finance a water supply project in western India that will help some 7 million people get access to drinking water. 

The Maharashtra Rural Water Supply and Sanitation Project will directly benefit about 2,800 clusters of villages, the bank said in a statement Wednesday. 

"More importantly, the project will build the skills of the rural population to become critical users rather than passive recipients,'' said Meena Munshi, the bank's task leader for the project in western Maharashtra state. 

"Focus will be on ensuring local ownership and accountability, and not on construction of facilities,'' the statement quoted Munshi as saying. 

The 35-year-loan will be available at a concessional rate from the International Development Association, an arm of the World Bank created in 1960 to provide support to the world's poorest nations, the statement said. - AP 

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