Categories: Business

ADB approves $112 million loan to improve water supply in Jharkhand

Asian Development Bank (ADB) and the Government of India have signed a USD 112 million loan to develop water supply infrastructure and strengthen capacities of urban local bodies (ULBs) for improved service delivery in four towns in the state of Jharkhand. This is the first project of ADB in the state of Jharkhand.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The project will be ADB’s first urban project in the state and help establish a model for continuous water supply combined with policy reforms for the sustainable operation which can be replicated by other low-income states for providing safe drinking water to urban households as envisaged under national Jal Jeevan Mission.

Important takeaways for all competitive exams:

  • President of ADB: Masatsugu Asakawa; Headquarters: Manila, Philippines.

Find More Business News Here

PhonePe launches digital payment interactive geospatial platform "Pulse platform"_90.1PhonePe launches digital payment interactive geospatial platform "Pulse platform"_90.1

AddThis Website Tools
Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Where is the Kirana Hills Located?

Why is Kirana Hills in News? Kirana Hills in Pakistan are in the news due…

7 hours ago

Top-10 Best Performing States in the Fiscal Health Index 2025, Check the List

The Fiscal Health Index 2025, released by NITI Aayog, show how well Indian states are…

7 hours ago

Taliban Suspends Chess in Afghanistan Over Sharia Law Concerns

The Taliban regime in Afghanistan has officially suspended the sport of chess, citing concerns over…

8 hours ago

Deepika Kumari Clinches Bronze at Archery World Cup Stage 2

India's top archer, Deepika Kumari, secured a bronze medal at the Archery World Cup Stage…

9 hours ago

8th UN Global Road Safety Week 2025: Making Walking and Cycling Safer

The 8th United Nations Global Road Safety Week is being observed from 12 to 18…

9 hours ago

UN Observes International Day of Plant Health to Safeguard Global Food Security

On May 12, the world observes the International Day of Plant Health (IDPH) to raise…

9 hours ago