The World Bank has signed a loan agreement of $400 million with Government of India to enhance support for the Namami Gange programme. The loan agreement aims to make the Ganga a clean and healthy river. The loan amount of $400 million comprises a loan of $381 million and a proposed Guarantee of up to $19 million. The new project will aim to stem the pollution levels in the iconic river and work towards strengthening the management of the river basin which is home to more than 500 million people.
The World Bank has been supporting the efforts of Government of India since 2011 via the currently active National Ganga River Basin Project. This project has helped in establishing the National Mission for Clean Ganga (NMCG) as the nodal agency to manage the river.
Important takeaways for all competitive exams:
Haryana is a state in northern India known for its rich history and industrial growth.…
The NITI Aayog has recommended adding coking coal to India's critical minerals list, emphasizing its…
UK Prime Minister Keir Starmer announced the resumption of Free Trade Agreement (FTA) negotiations with…
COP29 marked a significant milestone in global efforts to address climate change within the tourism…
Bali is home to a rich cultural heritage that blends Hindu philosophy, local animist traditions,…
India's states are known for their unique identities based on culture, geography, or contributions to…