Explanation:

Government has recently accepted $100 million loan from New Development Bank for rehabilitation of Indira Gandhi canal under the Rajasthan Water Sector Restructuring Project. Hence, answer is Indira Gandhi Canal.

The objectives of the Additional Financing for the Rajasthan Water Sector Restructuring Project (RWSRP) for India are to: (i) strengthen the capacity for strategic planning and sustainable development and management of surface and groundwater resources; and (ii) increase the productivity of irrigated agriculture through improved surface irrigation system performance and strengthen the agricultural support services, involving greater participation of users and the private sector in service delivery in the state. The additional financing for RWSRP will enhance the project's impact and development effectiveness through: (a) scaling up of certain activities and completing balance works; and (b) undertaking some new activities to consolidate the overall water resources planning and irrigation service delivery improvements.