Innovations in irrigation financing: tapping domestic financial markets in India

Financing for water projects, especially for irrigation, has been moving towards collapse in recent years due to declining donor and government funding. Some Indian states have undertaken innovative institutional reforms by setting up financially autonomous corporations to mobilise required funds fr...

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Autores principales: Raju, K. Vengama, Gulati, Ashok, Meinzen-Dick, Ruth S.
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2003
Materias:
Acceso en línea:https://hdl.handle.net/10568/156164
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author Raju, K. Vengama
Gulati, Ashok
Meinzen-Dick, Ruth S.
author_browse Gulati, Ashok
Meinzen-Dick, Ruth S.
Raju, K. Vengama
author_facet Raju, K. Vengama
Gulati, Ashok
Meinzen-Dick, Ruth S.
author_sort Raju, K. Vengama
collection Repository of Agricultural Research Outputs (CGSpace)
description Financing for water projects, especially for irrigation, has been moving towards collapse in recent years due to declining donor and government funding. Some Indian states have undertaken innovative institutional reforms by setting up financially autonomous corporations to mobilise required funds from the domestic bond market. This analysis of the performance of one such corporation, Karnataka's Krishna Bhagya Jal Nigam Limited, indicates that although adequate funds were mobilised, and physical works are on schedule, the new institution did not attempt to enhance overall irrigation performance and to move towards financial sustainability of the irrigation project. This paper describes the background of this institution, its achievements, inadequacies and potential of the innovative efforts made in irrigation financing reforms. -- Authors' Abstract
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spelling CGSpace1561642025-11-06T06:36:18Z Innovations in irrigation financing: tapping domestic financial markets in India Raju, K. Vengama Gulati, Ashok Meinzen-Dick, Ruth S. irrigation finance economic policies state intervention capital market costs Financing for water projects, especially for irrigation, has been moving towards collapse in recent years due to declining donor and government funding. Some Indian states have undertaken innovative institutional reforms by setting up financially autonomous corporations to mobilise required funds from the domestic bond market. This analysis of the performance of one such corporation, Karnataka's Krishna Bhagya Jal Nigam Limited, indicates that although adequate funds were mobilised, and physical works are on schedule, the new institution did not attempt to enhance overall irrigation performance and to move towards financial sustainability of the irrigation project. This paper describes the background of this institution, its achievements, inadequacies and potential of the innovative efforts made in irrigation financing reforms. -- Authors' Abstract 2003 2024-10-24T12:43:22Z 2024-10-24T12:43:22Z Working Paper https://hdl.handle.net/10568/156164 en Open Access application/pdf International Food Policy Research Institute Raju, K. Vengama; Gulati, Ashok; Meinzen-Dick, Ruth Suseela. 2003. Innovations in irrigation financing: tapping domestic financial markets in India. MTID Discussion Paper 58. https://hdl.handle.net/10568/156164
spellingShingle irrigation
finance
economic policies
state intervention
capital market
costs
Raju, K. Vengama
Gulati, Ashok
Meinzen-Dick, Ruth S.
Innovations in irrigation financing: tapping domestic financial markets in India
title Innovations in irrigation financing: tapping domestic financial markets in India
title_full Innovations in irrigation financing: tapping domestic financial markets in India
title_fullStr Innovations in irrigation financing: tapping domestic financial markets in India
title_full_unstemmed Innovations in irrigation financing: tapping domestic financial markets in India
title_short Innovations in irrigation financing: tapping domestic financial markets in India
title_sort innovations in irrigation financing tapping domestic financial markets in india
topic irrigation
finance
economic policies
state intervention
capital market
costs
url https://hdl.handle.net/10568/156164
work_keys_str_mv AT rajukvengama innovationsinirrigationfinancingtappingdomesticfinancialmarketsinindia
AT gulatiashok innovationsinirrigationfinancingtappingdomesticfinancialmarketsinindia
AT meinzendickruths innovationsinirrigationfinancingtappingdomesticfinancialmarketsinindia