The World Bank promises to provide “Bengaluru” with Rs. 3000 crores to fund flood mitigation and water management

The World Bank has promised to provide Rs. 3000 crores for water management and flood mitigation in Lake City, “Bengaluru,” in order to guarantee that Bengaluru is free from floods. The Department of Economic Affairs (DEA) issued the go-ahead one month ago. There are talks between the Karnataka government and the World Bank. The state government’s plan has been approved by the center. A year ago, the state administration created an action plan to discover a way to stop the city from flooding during periods of severe rain. It should be mentioned that Bengaluru has seen a sharp increase in the frequency of flash floods in recent years, which poses an increasing risk to both human life and property.

The loan sum would be split between the Bangalore Water Supply and Sewerage Board (BWSSB) and the Bruhat Bengaluru Mahanagara Palike (BBMP) when the deal is signed. Under the direction of the revenue department, the state government intends to carry out the project in collaboration with civic organizations such as BBMP, BWSSB, and the state disaster management agency.

To decide on the next step in the direction mentioned, the World Bank and BBMP recently convened a meeting. The loan amount will be divided, with Rs. 1000 crore going to BWSSB and Rs. 2000 crore going to BBMP. The BBMP intends to use this sum to construct retaining walls along 173 km in order to use it for stormwater drainage, particularly in the periphery regions. extending the project to link the Dakshina Pinakini River with a canal. Here, new sewage treatment facilities and subterranean drainage networks will be formed by the BWSSB using the allocated money. In addition, Karnataka would get Rs. 2000 crore from the World Bank to mitigate floods. The revenue department is collaborating with the international agency on this.

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