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On 29th November 2021, Asian Development Bank(ADB) approved a loan for Water Supply and Sanitation in Uttarakhand, India. What was the amount of loan sanctioned by the Asian Development Bank(ADB)?

On 29th November 2021, Asian Development Bank(ADB) approved a loan for Water Supply and Sanitation in Uttarakhand, India. What was the amount of loan sanctioned by the Asian Development Bank(ADB)? Correct Answer $ 125 Million

The correct answer is $125 Million.

Key Points

  • The Asian Development Bank (ADB) has approved a $125 million loan to improve access to quality water supply and sanitation services in Uttarakhand, India.
  • The project will construct 136 kilometers of water pipe system to replace defective water networks in Dehradun.
  • This project will enhance the water supply and sanitation infrastructure in Dehradun and Nainital to provide reliable and efficient water supply and sanitation services.
  • This will ensure a reliable and continuous water supply, benefitting an estimated 40,000 people, including 4,000 urban poor and vulnerable groups.
  • The project will also establish sewage treatment plants.
  • The sewage treatment plants will be supported by 256 km of enclosed underground sewer networks and 117 km of stormwater drainage networks.
  • The project will introduce:
  1. SCADA(supervisory control and data acquisition)
  2. GIS(geographic information system)
  • The agreement for the Uttarakhand Integrated and Resilient Urban Development Project was signed by:
  1. Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs
  2. Takeo Konishi, Country Director of ADB’s India Resident Mission

Additional Information

  • ADB will provide a $250,000 technical assistance (TA) grant from its Technical Assistance Special Fund.
  • ADB will provide $750,000 grant from its Climate Change Fund to further strengthen the climate-resilient urban planning and development of the state.
  • ADB was founded in the year 1966.
  • The headquarters of ADB is in the Philippines.
  • Masatsugu Asakawa is the chairman of the Asian Development Bank.

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