Union Government signs loan of $275 million with ADB to upgrade 64 small towns of Madhya Pradesh
Posted on:21 Jun 2017 11:45:08

21 June 2017 Current Affairs:
- The Government of India (GOI) and Asian Development Bank (ADB) signed USD 275 million loans for a piped water supply project for rapidly urbanizing small towns.
- It will cover 3 lakh households in 64 small towns in Madhya Pradesh.
- The Government of Madhya Pradesh will provide counterpart support of $124 million.
- The project will run for almost five years with an expected completion date of June 2022.