India is the second-most populous nation, and the eighth largest nation by area in the world, and yet the nation is still lacking many of the necessities of a developed country. Thanks to the World Bank Group, and other investors, India is in the process of becoming a developed country by improving the full range of infrastructural and cultural problems that persist today. Here are five active development projects in India which you should know about.
- National Agricultural Higher Education Project. One of the major development projects in India began in August of 2017 and was made possible by $165 million of funding from the World Bank and other organizations. The goal of the project is to improve the current agricultural industry in India through the betterment of the country’s agricultural universities. The idea behind the project is that by improving the quality of agricultural education, farming practices will become more efficient, sustainable and will yield a greater volume of food to feed the nation’s high population.
- India Ecosystems Service Improvement Project. The goal of the Ecosystems Service Improvement Project, put broadly, is to try and ensure that interactions between humans and the ecosystem are not overtly harmful to the environment. More specifically, the project will hopefully improve land management and the overall health of the ecosystems of India through increasing and promoting biodiversity and sustainable resource use.
- Andhra Pradesh 24x seven Power for All Project. This development project in India focuses on delivering sustainable, reliable and more readily available electricity to citizens living in the Andhra Pradesh region of the country. This region encompasses both urban, and rural communities, with all sharing a common issue of having unreliable access to electricity. The Power for All Project will cost a whopping $570 million, $240 million of which has been pledged as a loan from the World Bank.
- Nagaland Health Project. The aim of this development project in India is to increase the availability and quality of healthcare services in the Nagaland region. The project began in 2016 and is expected to conclude in 2023, with a total cost of $60 million.
- Shared Infrastructure for Solar Parks Project. This project aims to equip India with the necessary infrastructure to implement solar energy systems across the country. This is being accomplished via the construction of many large scale solar parks throughout the country. These parks will harness solar energy via solar panels and then distribute the collected energy to the larger public power grid. The project will make the nation more efficient in its consumption of power and will make electricity more available to the Indian population.
These are just five of the 121 active development projects in India which are being organized by the World Bank Group. Projects like these are bringing India closer to becoming a fully developed nation and improving the quality of life for all of the Indian people.
– Tyler Troped