ADB to provide $412 million loan for water, rural connectivity projects in Jharkhand, Maharashtra
- ByAyushi Ray | September 9, 2021
ADB to provide $412 million loan for water, rural connectivity projects in Jharkhand, Maharashtra. Under a USD 300 million loan agreement, ADB will provide the additional financing to scale up improvement of rural connectivity to help boost the rural economy in Maharashtra. Another USD 112 million loan will be used to develop water supply infrastructure and strengthen capacity of urban local bodies for improved service delivery in four towns in Jharkhand. The additional financing for the ongoing Maharashtra Rural Connectivity Improvement Project will help improve an additional 1,100 rural roads and 230 bridges for a total length of 2,900 kms in 34 districts, ADB said in a release.
For Jharkhand, four water treatment plants, with a combined capacity of 275 million litres per day, will be established in the project towns to provide safe drinking water, meeting the national drinking water quality standards. The project will also establish a 940 kms of water distribution network to provide continuous water supply to about 115,000 households, including those below the poverty line, scheduled caste and scheduled tribe members, and other vulnerable groups, ADB said in another release.
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