GoI, Uttarakhand, and World Bank Sign $120 million Loan Agreement for Water Supply in Uttarakhand

The Government of India, the Government of Uttarakhand and the World Bank Board signed a $120 million Loan Agreement which will help increase access to improved water supply services in peri-urban areas in the State of Uttarakhand.

The Uttarakhand Water Supply Program for Peri-Urban Areas will help the State increase water supply coverage as well as ensure sustainable water supply service delivery in peri-urban areas. The $120 million loan from the International Bank for Reconstruction and Development (IBRD) and has a 5-year grace period.

Static/Current Takeaways Important for Canara Bank PO 2018 Exam-
  • Jim Yong Kim is the 12th President of the World Bank Group.
  • World Bank Headquarters in Washington DC, USA.

Source- Press Information Bureau (PIB)