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    <title>India Signs Second Loan Agreement with New Development Bank for USD 100 Billion for Rajasthan Water Sector Restructuring Project for Desert Areas</title>
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    <description>Loan agreement between the Republic of India and the New Development Bank provides the first tranche of financing under a Multi Tranche Financing Facility to support Rajasthan water sector restructuring. The financing targets rehabilitation and modernization of the Indira Gandhi Canal to stop seepage, conserve water, remediate waterlogged areas, improve irrigation and drinking water supply, and enhance irrigation management through involvement of water users&#039; associations. Implementation is to be carried out by the Government of Rajasthan, primarily through the Rajasthan Water Resources Department, over a six year period, pursuant to the Facility Framework Agreement and Project Agreement signed by authorised representatives.</description>
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      <description>Loan agreement between the Republic of India and the New Development Bank provides the first tranche of financing under a Multi Tranche Financing Facility to support Rajasthan water sector restructuring. The financing targets rehabilitation and modernization of the Indira Gandhi Canal to stop seepage, conserve water, remediate waterlogged areas, improve irrigation and drinking water supply, and enhance irrigation management through involvement of water users&#039; associations. Implementation is to be carried out by the Government of Rajasthan, primarily through the Rajasthan Water Resources Department, over a six year period, pursuant to the Facility Framework Agreement and Project Agreement signed by authorised representatives.</description>
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