The Ministry of Water Resources, Government of India has started the National Hydrology Project with the help of World Bank. This project is the next phase of the former Hydrology Project Phase-II. The agreement was signed on 23.6.2016 between the International Bank of Reconstruction and Development (I.B.R.D.) and the Government of India. The project is effective from November, 2016. The duration of the project is 8 years and is likely to be completed by 2024.