26-April-2024
Economy News
 
ADB approves Rs 2,200 crore loan to develop Rajasthan's secondary towns
26-Sep-2020

The Asian Development Bank (ADB) has approved a 300 million dollar (about Rs 2,200 crore) loan to finance inclusive water supply and sanitation infrastructure and services in secondary towns of Rajasthan. The project is expected to build citywide access for improved water supply services for about 5.7 lakh people and enhanced sanitation services for about 7.2 lakh people in at least 14 secondary towns. These localities have 20,000 to one lakh residents. "Partnership with ADB helps ensure a longer-term policy dialogue on deepening financial sustainability and institutional strengthening, particularly in local governments, and introduces new good practices," said ADB Senior Urban Development Specialist for South Asia Na Won Kim.

News Source:- https://www.business-standard.com/article/current-affairs/adb-approves-rs-2-200-crore-loan-to-develop-rajasthan-s-secondary-towns-120092600298_1.html