Key Points
The Indian government has inked a $200 million loan deal with the Asian Development Bank (ADB) 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, ADBs India Resident Mission, according to a statement...
Centred on Haldwanithe states economic hubthe 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 Uttarakhands population," ADB's Oka said in the statement, adding that it will enhance local capacity in climate-resilient planning, revenue generation, and gender inclusion...
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