<h1>India, West Bengal, and World Bank Sign $145M Loan Deal to Boost Irrigation, Flood Management for 2.7M Farmers.</h1> The Government of India, the Government of West Bengal, and the World Bank have signed a $145 million loan agreement to enhance irrigation and flood management in the Damodar Valley Command Area, benefiting 2.7 million farmers across five districts in West Bengal. The project aims to modernize infrastructure, improve irrigation services, and strengthen flood defenses to combat climate change impacts. It includes institutional reforms, such as a Management Information System, and the recruitment of performance-based Irrigation Service Providers. The initiative is co-financed by the Asian Infrastructure Investment Bank and the Government of West Bengal, with a total project value of $413.8 million.