Team Blitz India
NEW DELHI: The Central Government and the Asian Development Bank (ADB) on July 29 signed a $200 million loan as additional financing for the ongoing Rajasthan Secondary Towns Development Sector Project to expand water supply and sanitation systems and enhance urban resilience and heritage living in selected towns, the Ministry of Finance said.
The signatories to the loan agreement were Vumlunmang Vualnam, Aadditional Secretary, Department of Economic Affairs, Ministry of Finance, for the Indian Government, and Takeo Konishi, country director of ADB’s India Resident Mission for ADB.
After signing the loan agreement, Vualnam said the additional financing will support the Rajasthan Government in its commitment to reduce basic infrastructure gaps in its secondary towns by expanding water supply and sanitation services and improving livability in selected urban local bodies.
