Asian Development Bank (ADB) has approved a Rs 2653.05 crore (USD 350 million) policy-based loan to improve urban services in India. This loan supports the policies formulated by the Ministry of Housing and Urban Affairs (MoHUA) to benefit the urban poor, economically weaker sections, and low-income groups. ADB will also provide knowledge and advisory support to MoHUA in program implementation, monitoring and evaluation.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The loan supports the policies established by the Ministry of Housing and Urban Affairs to accelerate universal coverage of piped water supply and improved sanitation. This is part of the recently launched national programme Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 and to provide affordable housing to all, including poor, urban migrant and industrial workers, under the flagship mission Pradhan Mantri Awas Yojana.
Important takeaways for all competitive exams:
World Basketball Day 2025 highlights the remarkable journey of basketball from a simple indoor game…
The United Nations marked the second World Meditation Day on the 21st December with a…
The Winter Solstice 2025 occurs on Sunday, December 21 marking the shortest day and longest…
The Haryana State Assembly has unanimously passed a resolution to mark the 350th martyrdom year…
Every country has something special that makes it famous around the world. Some are known…
The United States and Jordan have carried out a major military operation in Syria called…