{"id":51722,"date":"2021-09-07T07:57:44","date_gmt":"2021-09-07T07:57:44","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=51722"},"modified":"2021-09-07T07:57:45","modified_gmt":"2021-09-07T07:57:45","slug":"adb-approves-150-million-loan-for-urban-poor-housing-project-in-tamil-nadu","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/adb-approves-150-million-loan-for-urban-poor-housing-project-in-tamil-nadu\/","title":{"rendered":"ADB approves $150 million loan for urban poor housing project in Tamil Nadu"},"content":{"rendered":"\n<p>ADB in a release stated that the aim of the loan is to provide access to inclusive, resilient, and sustainable housing for the urban poor in TN.&nbsp;The agency highlighted that the southern state is vital to India\u2019s economic growth, which is currently contributing 8.54 per cent to the Gross Domestic Product (GDP).<\/p>\n\n\n\n<p>The economic opportunities have boosted the rural-urban migration rate in TN which already has one of the highest urbanisation rates in India.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Asian Development Bank<\/strong>&nbsp;has approved a&nbsp;<strong>loan of USD 150 million (about Rs 1,095 crore)<\/strong>&nbsp;for a sustainable housing project for the urban poor in&nbsp;<strong>Tamil Nadu.<\/strong><\/li><li>The loan amount will be used for constructing housing units in nine different locations and relocation of about 6,000 households vulnerable to natural hazards to safer locations.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><a href=\"https:\/\/www.byscoop.com\/indias-first-dugong-conservation-reserve-to-come-up-in-tamil-nadu\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><\/a><\/strong><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>ADB in a release stated that the aim of the loan is to provide access to inclusive, resilient, and sustainable housing for the urban poor in TN.&nbsp;The agency highlighted that the southern state is vital to India\u2019s economic growth, which is currently contributing 8.54 per cent to the Gross Domestic Product (GDP). The economic opportunities [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":51723,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1417],"tags":[743],"class_list":["post-51722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-september-2021","tag-asian-development-bank"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/51722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=51722"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/51722\/revisions"}],"predecessor-version":[{"id":51724,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/51722\/revisions\/51724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/51723"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=51722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=51722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=51722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}