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

Dhar Selected for Safe Cities Project, ₹10 Crore Allocated for Safety Measures

Dhar has been selected for the Safe Cities Project 2026 and it marks the major…

11 mins ago

Athletics Integrity Unit Puts India in Category A: Rising Doping Cases Raise Alarm

The Athletics Integrity Unit (AIU) have upgraded the India to the Category A. This category…

25 mins ago

Which is the Oldest University in the World? Check the List of Top-10

Education has a long and rich history. Some universities in the world were built hundreds…

3 hours ago

Archaeological Survey of India Restoration Project at Konark Sun Temple Explained

The Archaeological Survey of India (ASI) has started the important conservation operation at the Konark…

4 hours ago

Which River is known for Forming the Largest River Island in the World?

River islands are special landforms that form inside rivers when soil, sand, and small rocks…

5 hours ago

UK Tobacco and Vapes Bill Explained: Ban for Those Born After 2009

UK Parliament has approved the Tobacco and Vapes Bill which will permanently ban the individuals…

5 hours ago