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Innovations in irrigation financing: tapping domestic financial markets in India

Author

Listed:
  • Raju, K. Vengama
  • Gulati, Ashok
  • Meinzen-Dick, Ruth S.

Abstract

"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

Suggested Citation

  • Raju, K. Vengama & Gulati, Ashok & Meinzen-Dick, Ruth S., 2003. "Innovations in irrigation financing: tapping domestic financial markets in India," MSSD discussion papers 58, International Food Policy Research Institute (IFPRI).
    • Handle: RePEc:fpr:mssddp:58
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    File URL: https://hdl.handle.net/10568/156164
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    References listed on IDEAS

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    1. Small, L. E., 1989. "Financing irrigation: A literature review," Book Chapters,, International Water Management Institute.
    2. Gulati, Ashok & Meinzen-Dick, Ruth S. & Raju, K. Vengama, 2005. "Institutional reforms in Indian irrigation," Food policy statements 42, International Food Policy Research Institute (IFPRI).
    3. Morris, Sebastian, 2001. "Issues in Infrastructure Development Today: The Interlinkages," MPRA Paper 24427, University Library of Munich, Germany.
    4. repec:iwt:bosers:h005736 is not listed on IDEAS
    5. Small, Leslie E. & Adriano, Marietta S. & Martin, Edward D. & Bhatia, Ramesh & Shim, Young K. & Pradhan, Prachanda, 1989. "Financing irrigation services: a literature review and selected case studies from Asia," IWMI Books, International Water Management Institute, number 114041, January.
    6. repec:iwt:bosers:h005735 is not listed on IDEAS
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    Cited by:

    1. Asian Development Bank Institute, 2017. "Financing Asian Irrigation: Choices Before Us," Working Papers id:11760, eSocialSciences.

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