World Bank approves $147 million loan to Jharkhand
India TV NewsThe World Bank on Tuesday approved a $147 million loan agreement to provide basic urban services to the people of Jharkhand and help improve the management capacity of the urban local bodies in the state. "The Jharkhand Municipal Reform Programme will focus on improving the municipal sector's capacity to provide basic urban services. He added that the Jharkhand Municipal Reform Programme will be a definite step forward to strengthen and improve urban services in a fast urbanizing state and will provide an impetus to economic growth. Interventions such as piped water supply, storm water drains, climate friendly road construction and energy efficient street lighting will not only help improve urban services but also make it environmentally sustainable.