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
Union Government signs loan of $275 million with ADB to upgrade 64 small towns of Madhya Pradesh
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.


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