The Government of India (GoI) has signed how much amount of loan agreement with World Bank (WB) to revitalize natural resources in Meghalaya?
Q. The Government of India (GoI) has signed how much amount of loan agreement with World Bank (WB) to revitalize natural resources in Meghalaya?
Answer: $48 million
Notes: On April 16, the Government of India (GoI) has signed a $48 million loan agreement with the World Bank to support selected communities in Meghalaya to manage their natural resources using a community-led landscape approach. The project is expected to benefit 1,00,000 people in rural Meghalaya besides building the capacity of some 30,000 youth through access to technology. The Meghalaya Community - Led Landscapes Management Project (MCLLMP) is designed to support the State’s three tribal communities – Khasi, Garo, and Jaintia – in managing its forests and natural resources through customary laws. The closing date of the Project is 30th June, 2023.

 

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