Funding agency World Bank will provide US $250 million loan to construct disaster resilient houses and roads in disaster State Uttarakhand.
The Government of India Uttarakhand and the World Bank signed a $250 million credit agreement for the Uttarakhand Disaster Recovery Project to support the State in its post disaster recovery plans as well as strengthen its capacity for disaster risk management.
The loan will help construct about 2,500 disaster resilient houses and about 3,600 km of roads in Uttarakhand.
A joint World Bank and Asian Development Bank team conducted a Rapid Damage and Needs Assessment (JRDNA) at the request of the Union Government to rebuild the State’s infrastructure and assets lost in the June 2013 disaster.
Other News
World Bank will provide US $500 million loan for water supply and sanitation projects in the rural(VILLAGE) areas of Assam, Bihar, Jharkhand and Uttar Pradesh.
World Bank will support the design and implementation of a dedicated RWSS program for low income states under the ongoing National Rural Drinking Water Program in the Ministry of Drinking Water and Sanitation.
The phase 1 of the project will cover 30-34 districts in Assam, Bihar, Jharkhand and Uttar Pradesh.
The project will be financed by a credit from the International Development Association (IDA), the World Bank’s concessionary lending arm which provides interest-free loans with 25 years to maturity and a grace period of 5 years.
The project will be implemented over a 6 period.
The Government of India Uttarakhand and the World Bank signed a $250 million credit agreement for the Uttarakhand Disaster Recovery Project to support the State in its post disaster recovery plans as well as strengthen its capacity for disaster risk management.
The loan will help construct about 2,500 disaster resilient houses and about 3,600 km of roads in Uttarakhand.
A joint World Bank and Asian Development Bank team conducted a Rapid Damage and Needs Assessment (JRDNA) at the request of the Union Government to rebuild the State’s infrastructure and assets lost in the June 2013 disaster.
Other News
World Bank will provide US $500 million loan for water supply and sanitation projects in the rural(VILLAGE) areas of Assam, Bihar, Jharkhand and Uttar Pradesh.
World Bank will support the design and implementation of a dedicated RWSS program for low income states under the ongoing National Rural Drinking Water Program in the Ministry of Drinking Water and Sanitation.
The phase 1 of the project will cover 30-34 districts in Assam, Bihar, Jharkhand and Uttar Pradesh.
The project will be financed by a credit from the International Development Association (IDA), the World Bank’s concessionary lending arm which provides interest-free loans with 25 years to maturity and a grace period of 5 years.
The project will be implemented over a 6 period.
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