Question
Ā The World BankĀ has approved a USD 363 million loan
to _______ to provide clean drinking water supply to two million rural households in the state through a piped water connection in their homes.Solution
Ā The World Bank has announced a loan of $100 million from the International Bank of Reconstruction and Development (IBRD)Ā for Odisha, to help the State strengthen its early forecasting systems for improved response to disasters; and enhance its social protection coverage for poor and vulnerable households, through digital platforms. Ā Ā Ā The program had a maturity of 12.5 years with a grace period of three years. Ā Ā Ā It has also approved a USD 363 million loan to Karnataka to provide clean drinking water supply to two million rural households in the state through a piped water connection in their homes. Ā Ā Ā Ā The loan has a maturity of 13.5 years including a grace period of two years.
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