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Government of India and the Asian Development Bank (ADB) Sign 275 Million Loan for Upgrading Urban Services in 64 Small Towns in Madhya Pradesh

News and Press Release - Dated:- 20-6-2017 - The Asian Development Bank (ADB) and the Government of India signed a $275 million loan on 19th June, 2017 for improving urban services in 64 small towns in the State of Madhya Pradesh. The signatories to the loan agreement for the Madhya Pradesh Urban Service Improvement Project included Raj Kumar, Joint Secretary, Multilateral Institutions, Department of Economic Affairs, Ministry of Finance, who signed on behalf of the Government of India, and Mr. .....

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nts in the project area , said Mr. Raj Kumar. ADB s continued support to the State s urban development, through this project, will improve further the quality, coverage, efficiency, and sustainability of urban service delivery, stabilize and deepen institutional capacity, and improve long term water service management, said Mr. Sondjaja. A key element of the project is the use of design-build-operate contracts including 10-years operation and maintenance to ensure better sustainability of the wa .....

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