India and ADB Sign $100 Million Loan Pact on Cauvery Basin Development (Download PDF)


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India and Asian Development Bank (ADB) signed a 100 million dollars loan agreement for irrigation, drainage system and water management project in Vennar sub-basin of Cauvery delta in Tamil Nadu.

  • In Vennar system project is to improve water management and strengthen embankments of 6 major irrigation water channels.
  • Cauvery river basin is a critical source of water for agriculture in Tamil Nadu and neighbouring states.
  • Majority of the channel’s population is involved in farming and fishing.
  • The left irrigation system was unable to meet user demand and increasingly defenseless to floods and droughts because of lack of investment.
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  • The project objective is to improve existing infrastructure and will provide flood protection and renewed entry to irrigation.


  • Loan will support Tamil Nadu’s water resources to manage resources better and greater involvement of the stakeholders they service.
  • Local communities will be involved in planning and delivery of water services, flood forecasting and warning systems.
  • Flood forecasting and warning systems will be also installed.
  • Flood risks map will tired to help communities respond more effectively to exciting events.
  • Loan provided from ADB’s ordinary capital resources and loan has a 25-year term.
  • Project is expected to be completed by December 2020.

About Asian Development Bank (ADB)

  • Asian Development Bank (ADB) is a regional development bank established on 19 December 1966.
  • It’s headquartered in Ortigas Center located in Mandaluyong, Metro Manila, Philippines.
  • It is multilateral lending agency based in Manila, Philippines.
  • It is committed to reduce poverty in Asia and the Pacific region through:

    • Environmentally sustainable growth
    • Regional integration
    • Inclusive economic growth
  • Bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP).
  • ADB owned by 67 members – 48 from the region including India and 19 from outside.

Purpose of ADB:

  • Purpose of ADB is to Social and economic development.

- Published/Last Modified on: July 18, 2016

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