WB suspends forestry loan
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01/02/2001
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Economic Times (New Delhi)
Following the bifurcation of the state of Madhya Pradesh, the World Bank has taken the decision of not releasing the Rs 505-crore soft loan meant for implementation of the second phase of the MP Forestry Project. The World Bank had sanctioned a loan of Rs 800 crore in 1995 for the implementation of the MP Forestry Project, which was the largest foreign-funded forestry project of the country.