ADB approves $2 million loan to support urban development in Nagaland
The Asian Development Bank (ADB) on Tuesday signed an agreement with the Government of India to offer $2 million project readiness financing (PRF) loan for designing climate-resilient urban infrastructure, strengthening institutional capacity and improving municipal resource mobilisation in Nagaland.
The PRF loan will be used for designing water supply, sanitation, solid waste management and urban roads in 16 district headquarter towns (DHTs) with climate resilient features and improved access to poor and vulnerable.
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