World Bank News Release: Loan and Credit Summary
WASHINGTON, June 5, 2018 - The World Bank’s Board of Executive Directors today approved the following project:
India: Atal Bhujal Yojana (Abhy)-National Groundwater Management Improvement Program
IBRD Loan: US$ 450 million
Terms: Maturity = 18 Years, Grace = 6 Years
Project ID: P158119
Project Description: The program development objective is to arrest the country’s depleting groundwater levels and strengthen groundwater institutions.