Wednesday, November 9, 2011

World Bank.India,The project Karnataka Watershed Development II is now in the pipeline.

As noted in the India Country Assistance Strategy (CAS) 2009-12, national Gross Domestic Product (GDP) grew at more than 9 percent per annum from 2004-2007. High rates of investment and savings and strong export growth, and rapid growth generated substantial public and private resources for investment and development programs.

From 2008 to 2010, average annual GDP has moderated to approximately 6.5 percent due to the global recession. More than 400 million people still subsist on under USD1.25/day, with the majority living in rural areas and dependent on agriculture or other land-based resources.

Agriculture accounts for around 16 percent of Indian GDP. Approximately 60 percent of India’s population depends on agriculture for primary livelihood, largely from rainfed agriculture.

Out of a net sown area of 141 million hectares in India, approximately 68 percent are under rainfed cultivation, mostly in arid and semi-arid areas. Thirteen states, including agriculture as used in the PAD includes crops, horticulture, livestock and agro-forestry, all components of rural land-use in India.

Document Date:  2011/11/09.Document Type: Project Information Document.Report Number: AB6853.Volume No: 1.Country: India. Doc Name: India-Karnataka Watershed Development II

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