Categories: Business

GoI and ADB sign 4.21 million dollar PRF facility for Tripura

The Government of India and the Asian Development Bank (ADB) have signed a US $4.21 million project readiness financing (PRF) facility for the preparation of infrastructure development projects to improve urban amenities and develop tourism infrastructure in Tripura. This is ADB’s first PRF facility for a state in the northeastern region of India.

WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

About PRF facility:

  • The facility will support the Tripura Government’s priorities of improving urban services and tourism infrastructure that will help boost economic development.
  • The facility aims to ensure high readiness of ensuing infrastructure projects through feasibility studies, preparing detailed engineering designs, and capacity building of state-level agencies while ensuring climate and disaster resilience and sustainability of sub-projects.

Find More Business News Here

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.

Leave a Comment
Share
Published by
Sumit Arora
5 years ago

Recent Posts

Which is the Most Consumed Beverage in the World?

Water is the most important drink in the world because every living being needs it…

3 hours ago

Which is the Only Continent with No Trees?

When we think about continents, we usually imagine green forests, tall trees and rich plant…

5 hours ago

India’s Defense Exports Hit Record ₹38,424 Crore in FY2025-26

Defense sector of the India has achieved the historic milestone as the defense exports reached…

5 hours ago

Delhi Government Launches the Lakhpati Bitiya Yojana

The Delhi state government has introduced the 'Lakhpati Bitiya Yojana'. This new is scheme aimed…

5 hours ago

Ashwini Bhide Becomes First Woman BMC Commissioner

Ashwini Bhide has been appointed as the first woman Municipal Commissioner of the Brihanmumbai Municipal…

5 hours ago

Lok Sabha Passed Resolution For Amravati The New Capital of Andhra Pradesh

Lok Sabha passed the resolution and Amaravati has been declared sole capital of Andhra Pradesh.…

5 hours ago