ADB commits $200 mn to upgrade water supply, other services in Uttarakhand

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Government of India and the Asian Development Bank on Wednesday signed a USD 200 million (about Rs 1,680 crore) loan to help upgrade water supply, sanitation, mobility, and other urban services in Uttarakhand.

The signatories to the loan agreement for the Uttarakhand Livability Improvement Project were Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance and Mio Oka, country director of India Resident Mission, for ADB, a joint statement said.

Mukherjee said the project aligns with Government of India's urban development agenda as well as the Uttarakhand government's initiatives to enhance urban services, aiming to boost livability and sustainability in cities.

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Category: BusinessFinance

Markets: India

Topics: ADB Uttarakhand loan Water supply ADB India loan Uttarakhand

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Article Type: News Report

Published On: 2024-11-06 @ 21:22:24 (5 hours ago)

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News Source URL: business-standard.com

Language: English

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