WASHINGTON, October 23, 2018 – The World Bank Board of Executive Directors today approved financing for the following project:
Andhra Pradesh Integrated Irrigation and Agriculture Transformation Project
IBRD Credit: US $172.20 million
Terms: Maturity = 24 years, Grace period = 6 years
Project ID: P160463
Project Description: The Andhra Pradesh Integrated Irrigation and Agriculture Transformation Project will be implemented in rural areas largely dependent upon rainfed agriculture. It will strengthen the resilience of small and marginal farmers against adverse climate events by improving access to irrigation, drought seed varieties and post-harvest technology that are aimed at improving soil health, water-use efficiency and crop productivity.