ADB Provides $200 Million Loan for Solid Waste Management in India
The Asian Development Bank (ADB) has committed a $200 million (approximately Rs 1,700 crore) loan to improve solid waste management and sanitation in 100 cities across eight states in India. This funding is part of the Swachh Bharat Mission 2.0 – Comprehensive Municipal Waste Management in Indian Cities Program.
The loan agreement was signed by Juhi Mukherjee, Joint Secretary of the Finance Ministry, and Mio Oka, Country Director for ADB – India Resident Mission. The program aims to support the goals of the Swachh Bharat (Clean India) Mission – Urban 2.0 by enhancing infrastructure for waste segregation, collection, and disposal.
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