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Business & Finance

ADB implementing Thal Canal Irrigation Investment Programme

Asian Development Bank (ADB) is implementing the "Thal Canal Irrigation Investment Programme", which will control Agri-Poverty in Punjab.
Published 28 May, 2020 12:03am

Asian Development Bank (ADB) is implementing the "Thal Canal Irrigation Investment Programme", which will control Agri-Poverty in Punjab.
According to official sources, The Greater Thal Canal irrigation scheme was partially constructed by the government, while actually this project will support the construction of the remaining parts of the scheme and will provide support for on-farm development, with the financial assistance of the ADB.
Under new development of the project, three new branches of the Greater Thal Canal Irrigation System will be constructed and would be completed in next phase. The new plan would improve farmer's on-farm and water management capacity, while strengthening institutional system for irrigation scheme management. The completion of the project will increase agricultural production in the project area.
According to sources, the proposed ADB policy focuses on principles, led by a new overarching principle of "clear, timely, and appropriate disclosure". Other principles are largely unchanged from the PCP and are underpinned by a presumption in favour of disclosure with limited exceptions. Going forward, while the policy principles will remain in place until changed by the board, the implementation arrangements can be updated as needed-to reflect new products or processes, for example - with ADB Management approval.
This shift should ensure implementation clarity and disclosure predictability. Providing up-to-date guidelines on, which documents and when documents need to be routinely disclosed is intended to help ADB improve timeliness and policy effectiveness.
With regard to disclosure of independent evaluation reports, the implementation arrangements reflect the current practice of disclosure of completed reports or other arrangements as may be required in any future Board-approved policy governing ADB's Independent Evaluation Department.
Furthermore, other proposed changes from the PCP include the removal of background information sections, which had become outdated, and ADB's public communications section. ADB's public communications approach describes the bank's institutional communications practices.

Copyright Business Recorder, 2020

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