World Bank Approved USD 212.64 Million Loan for ‘SHORE Project’

Current Context: On 10 September 2025, the World Bank approved a USD 212.64 million loan for the Strengthening Coastal Resilience and the Economy (SHORE) Project in Tamil Nadu and Karnataka.

• The funding, provided through the International Bank for Reconstruction and Development (IBRD), marks the first phase of a multi‑year coastal resilience programme.
• It will support integrated coastal zone management, ecosystem restoration, plastic waste reduction, and sustainable livelihood generation.
• Around 1,00,000 people are expected to benefit, with 70,000 (including women) trained in sustainable tourism and related skills.
• The project also targets conservation of 30,000 hectares of seascapes through mangrove planting, dune restoration, and hybrid green–grey infrastructure.

Question:

Q.1 On 10 September 2025, the World Bank approved a loan of how much for the Strengthening Coastal Resilience and the Economy (SHORE) Project in Tamil Nadu and Karnataka?
a) USD 112.64 million
b) USD 212.64 million
c) USD 312.64 million
d) USD 412.64 million

Answer: b) The World Bank sanctioned USD 212.64 million for SHORE, marking the first phase of a long-term coastal resilience programme. Remember the figure for exam precision.