India, ADB ink $200 million pact to boost Uttarakhand’s urban resilience, green mobility
1 month, 2 weeks ago

India, ADB ink $200 million pact to boost Uttarakhand’s urban resilience, green mobility

Live Mint  

The Indian government has inked a $200 million loan deal with the Asian Development Bank to revamp urban infrastructure and bolster essential services in Uttarakhand, focusing on modernizing water supply, sanitation, urban mobility, and other key public amenities, the finance ministry said Wednesday. The agreement, part of the Uttarakhand Livability Improvement Project, was signed by Juhi Mukherjee, joint secretary, Department of Economic Affairs, representing India, and Mio Oka, country director, ADB’s India Resident Mission, according to a statement. Read this | Maharashtra to get $500 million from ADB for tertiary healthcare access and promotion of medical education Centred on Haldwani—the state’s economic hub—the project aims to boost transportation, urban mobility, and resilience against environmental risks. "The project aims to create an urban infrastructure that is resilient to climate and environmental risks such as floods and landslides, ensuring the safety and health of Uttarakhand’s population," ADB's Oka said in the statement, adding that it will enhance local capacity in climate-resilient planning, revenue generation, and gender inclusion.

History of this topic

India, ADB sign $200 mn loan agreement for expanding urban services in Rajasthan
1 year, 4 months ago
ADB loans $125 mn to India for water supply, sanitation upgrades in Uttarakhand
3 years ago

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