France And Germany To Provide 100 Million Euros For AMRUT Mission Financing
France’s development agency, AFD, and Germany’s KfW Bank are reportedly in talks with India to extend a €100 million loan to support the country’s urban infrastructure plan, specifically the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0. Negotiations for the loan are scheduled for early 2024, with the signing expected to take place in February.
This collaborative effort follows their recent partnership on the City Investments to Innovate, Integrate and Sustain (CITIIS) 2.0 program, demonstrating a continued commitment to sustainable urban development in India.
1. What is the focus of the CITIIS 2.0 program, to which France and Germany have recently contributed €100 million each?
a) Agricultural development
b) Urban renewal and sustainable waste management
c) Educational initiatives
2. Which Indian cities have received technical expertise from France’s AFD under the Smart Cities Mission?
a) Mumbai and Delhi
b) Nagpur, Pondicherry, and Chandigarh
c) Kolkata and Chennai
3. When was the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 launched in India?
a) October 2020
b) October 2021
c) October 2022
Please provide your answers in the comments section
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