ADB to give $200 mn loan to India for solid waste management in 100 cities
Asian Development Bank and the Government of India recently signed a USD 200 million (about Rs 1,700 crore) loan to improve solid waste management and sanitation in 100 cities across eight states in the country.
The signatories to the loan agreement for the Swachh Bharat Mission 2.0 -Comprehensive Municipal Waste Management in Indian Cities Program were Juhi Mukherjee, Joint Secretary, Finance Ministry, and Mio Oka, Country Director for Asian Development Bank (ADB) - India Resident Mission, the Manila-based multilateral funding agency said in a statement on Tuesday.
After signing the loan agreement, Mukherjee said that the programme supports the objectives of the government's Swachh Bharat (Clean India) Mission - Urban 2.0 by enhancing sanitation and solid waste management infrastructure, including waste segregation, collection and disposal.
"This programme is guided by lessons derived from ADB's experience in urban infrastructure development across several states and will incorpora