Himachal seeks $500 mn loan to extend watershed project

Shimla, Feb 23 (IANS) Buoyed by the success of a World Bank-aided watershed development project in the state, Himachal Pradesh is planning to replicate the project in other areas too, an official said here Tuesday.

‘The Mid-Himalayan Watershed Development Project that is being implemented in 602 gram panchayats in the state has played an important role in boosting the economy of the local villagers. Now, the government is planning to get funding from the World Bank for extending the scheme to at least 2,500 panchayats out of the total 3,243 in the state,’ a government spokesperson said.

He said a proposal has been prepared by the government under which $500 million would be sought from the World Bank.

‘A team of the World Bank is touring the state from March 9 to 11 to study the proposal submitted by the government,’ the official said.

Under the Rs.365-crore watershed project, rainwater harvesting structures and soil conservation measures are being constructed in the villages by employing the local people.

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