After the success of the pilot project on Index-Based Flood Insurance (IBFI) for farmers in Bihar, the World Bank has shown interest in helping to scale up the plan across eastern India, officials said.
“The World Bank is interested in scaling up IBFI in flood-prone districts across eastern India following the successful implementation of its pilot in flood-affected villages in Muzaffarpur district in Bihar, Griraj Amarnath, research group leader of water risks and disaster at the Colombo-based International Water Management Institute (IWMI), told IANS here.