Asian Development Bank will provide a how much loan for designing climate resilient urban infrastructure, strengthening institutional capacity and improving municipal resource mobilisation in Nagaland?

Solution

• Asian Development Bank will provide a USD 2 million loan for designing climate resilient urban infrastructure, strengthening institutional capacity and improving municipal resource mobilisation in Nagaland. • Government of India and ADB signed the USD 2 million Project Readiness Financing (PRF) loan. • Nagaland’s towns and cities face the long-term challenges of climate change, lack of basic amenities, poor connectivity. • PRF loan will help design water supply, sanitation, solid waste management and urban roads in 16 district headquarter towns.