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Andhra Pradesh community forest management project

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The Hindu - 9 Oct 2002:

 

World Bank credit for A.P. forest project

 

By Our Special Correspondent

 

 

 

NEW DELHI OCT. 8. India today signed an agreement with the World Bank

for a $ 108 millions credit (equivalent to Rs. 531.36 crores) for the

Andhra Pradesh community forest management project.

 

The project will be implemented in 14 districts with high poverty

incidence in the forest areas of northern, coastal and southern belts

of the State with a total of 3.86 million hectares of forest land.

The project is a sequel to Andhra Pradesh forestry project which was

approved in February 1994 for a credit line from the International

Development Agency (IDA), the soft lending window of the World Bank,

of $ 77.4 millions. The project closed as scheduled on September 30,

2000, and the amount was fully disbursed.

 

The latest project is expected to help in reducing rural poverty

through improved forest management with community participation.

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