Recently which international organisation has approved a USD 96.3 million (about Rs 770 crore) loan to fund safe drinking water and sanitation project in Himachal Pradesh?

Solution

The Asian Development Bank (ADB) has approved a USD 96.3 million (about Rs 770 crore) loan to fund safe drinking water and sanitation project in Himachal Pradesh. The loan has been provided under the Himachal Pradesh Rural Drinking Water Improvement and Livelihood Project. The project will upgrade water supply infrastructure and strengthen institutional capacity to ensure safe, sustainable, and inclusive rural water supply and sanitation services. The project meets the objectives of the Jal Jeevan Mission, a national flagship programme of Government of India, which aims to provide piped water to all rural households by 2024. The Asian Development Bank is a regional development bank. It was established in 1966, it is owned by 68 members—49 from the region. ADB Headquarters: Philippines President: Masatsugu Asakawa The Jal Jeevan Mission aims for providing piped drinking water to all rural households by 2024. It envisages supply of 55 litres of water per person per day to every rural household through Functional Household Tap Connections (FHTC) by 2024. JJM Ministry: Jal Shakti Ministry Launch Year: 2019