Ministry of Finance22-July, 2010 17:42 IST
Integrated Coastal Zone Management Project Signed with World Bank: IDA to Give Credit worth US$ 221.965 Million

            Integrated Coastal Zone Management Project was signed today with World Bank.  The amount of  IDA Credit is SDR 146.9 million (equivalent to US$ 221.965 million).

            The Financing agreement for the project was signed on behalf of the Government of India, by  Dr.Anup  K Pujari, Joint Secretary (Multilateral Institutions Division), Department of Economic Affairs, Ministry of Finance.   Mr. Roberto Zagha, Country Director(India), signed the Agreement on behalf of the World Bank.

Hon’ble Shri Jairam Ramesh, Minister of State (Independent Charge) for Environment and Forests graced the occasion with his august presence.  Shri Vijai Sharma, Secretary(Environment & Forests), Shri R. H. W. Khwaja, Special Secretary, Shri Hem Pande, Joint Secretary and Shri Rajeev Gauba, Joint Secretary, MoEF were also present besides the officials from State Governments of Gujarat, Orissa and West Bengal.

            The objectives of the project are: (i) to assist in building national capacity for the implementation of comprehensive coastal management approach in the country, and (ii) piloting the integrated coastal zone management approach in Project States of Gujarat, Orissa and West Bengal.  

 

            The project components are :

 

(i)                  ICZM capacity building and knowledge building.

(ii)                Piloting ICZM approaches in Gujarat, Orissa and West Bengal.  The Preparation of an ICZM plan for Gulf of Kachchh in Gujarat, Coastal stretches of Paradip-Dhamra and Gopalput-Chilika in Orissa, Coasts covering the stretches of Sundarban, Haldia and Digha-Shankarpur in West Bengal.

 

The project is expected to be completed by December 31, 2015.

DSM/BY/KP/GN-231/10 

 


(Release ID :63420)