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India and ADB Sign $200 Million Loan to Improve Urban Services in Uttarakhand

India and ADB Sign $200 Million Loan to Improve Urban Services in Uttarakhand

The Government of India has partnered with the Asian Development Bank (ADB) by signing a $200 million loan agreement aimed at enhancing urban infrastructure and essential services in Uttarakhand. This significant project, the Uttarakhand Livability Improvement Project, focuses on improving water supply, sanitation, urban mobility, and other critical services in the region, all with a strong emphasis on sustainability and resilience.

Key Points of the $200 Million Loan Agreement

Project Overview

  • Agreement Partners: India and the Asian Development Bank (ADB) signed a $200 million loan to fund the Uttarakhand Livability Improvement Project.
  • Signatories: The agreement was signed by Juhi Mukherjee, Joint Secretary of India’s Department of Economic Affairs, and Mio Oka, Country Director of ADB’s India Mission.

Objectives of the Project

  • Modernizing Infrastructure: The project aims to enhance urban infrastructure, focusing on water supply, sanitation, and urban mobility.
  • Sustainable Development: Emphasis on climate-resilient infrastructure to handle floods, landslides, and other environmental risks.

Specific Areas of Development

  • Transportation & Urban Mobility:
    • Development of 16 km of climate-resilient roads.
    • Installation of an intelligent traffic management system.
    • Deployment of CNG and electric buses.
  • Climate-Resilient Infrastructure:
    • Construction of flood-resistant roads and improved stormwater systems.
    • Early warning systems for flood management in Haldwani.
  • Water Supply and Sanitation:
    • 1,024 km of new water pipelines and smart water meters.
    • 3.5 million-liter-per-day water treatment plant.
    • New sewage treatment facility in Vikasnagar for around 2,000 households.

Gender Inclusion Efforts

  • Women Empowerment: Training programs for women in bus driving, ticketing, and sanitation management.

Additional Funding

  • Co-Financing by EIB: The European Investment Bank (EIB) will contribute an additional $191 million, boosting the project’s scope and impact.

Key Project Components in Uttarakhand

ComponentDetails
Funding PartnersGovernment of India and ADB (Loan: $200 million)
Additional Co-FinancingEuropean Investment Bank ($191 million)
Road Development16 km climate-resilient roads in Haldwani
Traffic SystemIntelligent traffic management system
Public TransportCNG and electric buses in urban areas
Water Infrastructure1,024 km of pipelines, smart meters, new water treatment
SanitationSewage treatment in Vikasnagar for 2,000 households
Gender InclusionTraining for women in public service roles

India ADB $200 Million Loan Agreement -Summary

  • India and ADB sign $200 million loan to boost urban infrastructure in Uttarakhand.
  • Focus on water supply, sanitation, urban mobility, and climate-resilient infrastructure.
  • Transportation improvements include 16 km of new climate-resistant roads and electric buses.
  • Flood management systems, stormwater drains, and warning systems to be installed.
  • EIB will co-finance with an additional $191 million.

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FAQs on India ADB $200 Million Loan Agreement

What is the main goal of the $200 million loan agreement?

The agreement aims to improve urban infrastructure in Uttarakhand, focusing on water supply, sanitation, and urban mobility.

Who signed the agreement for India and ADB?

Juhi Mukherjee, Joint Secretary from India’s Department of Economic Affairs, and Mio Oka, ADB’s Country Director for India Mission, signed the agreement.

How will transportation be improved under this project?

The project will add 16 km of climate-resilient roads, an intelligent traffic management system, and deploy eco-friendly buses.

What measures are being taken for climate resilience?

The project includes flood-resistant roads, an early warning system, and stormwater drains to handle floods and other environmental risks.

Will this project include any specific benefits for women?

Yes, women from vulnerable households will receive training for roles like bus driving, ticketing, and sanitation management

Which areas will benefit from the water supply improvements?

Champawat, Kichha, Kotdwar, and Vikasnagar will have expanded water service coverage through new pipelines and treatment facilities.

How is the European Investment Bank involved in the project?

The EIB is providing $191 million in co-financing to extend the project’s reach and impact.

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