India, ADB sign USD 150 million loan to provide affordable housing for urban poor in Tamil Nadu | Daily Current Affairs Dose

India, ADB sign USD 150 million loan to provide affordable housing for urban poor in Tamil Nadu | Daily Current Affairs Dose

Dear Aspirants, EducationBro is here with a Daily Current Affairs Dose. In this session, we will make the candidates aware of the daily current affairs topics, which will improve their general awareness, while also taking care that the candidates should not have any shortage of trending current affairs related to any country and abroad. Today’s Current Affairs topic is India, ADB sign USD 150 million loan to provide affordable housing for urban poor in Tamil Nadu.

Our Daily Current Affairs Dose 2021 will help you to crack the General Awareness section of Banking Insurance SSC Railway UPSC and all government jobs exams.

India, ADB sign USD 150 million loan to provide affordable housing for urban poor in Tamil Nadu | Daily Current Affairs Dose

The Government of India and Asian Development Bank (ADB) on 7th December 2021 signed a $150 million loan Agreement to provide access to inclusive, resilient, and sustainable housing for the urban poor in the state of Tamil Nadu.

Read Also: India, ADB sign USD 112 million loan agreement for establishing Skill University in Assam | Daily Current Affairs Dose

The India, ADB sign USD 150 million loan project is aligned with the Government of India’s development priorities and policies on urban sector development, particularly the flagship program PMAY-Housing for All (Urban), and will address housing shortage among poor urban dwellers in Tamil Nadu with provision of housing to eligible families.

India, ADB sign USD 150 million loan in Tamil Nadu: Key Highlights

Nearly half of Tamil Nadu’s 72 million population lives in urban areas making it one of the most urbanized states in India. Through the Tamil Nadu Urban Habitat Development Board, the project will construct housing units in nine different locations and relocate about 6,000 households vulnerable to natural hazards to safer locations. 

Read Also: India, ADB sign USD 251 million loan agreement for integrated urban flood management in Chennai | Daily Current Affairs Dose

It will also help Tamil Nadu’s Directorate of Town and Country Planning develop regional plans to map the state’s economic and infrastructure development including affordable housing, environmental protection, disaster risk management, and gender.

Important facts for upcoming exams from the above Current Affairs Topic

• Statehood Day of Tamil Nadu: 26 January 1950
• Capital City of Tamil Nadu: Chennai
• Largest City of Tamil Nadu: Chennai
• Total Districts in Tamil Nadu: 38
• Governor of Tamil Nadu: R. N. Ravi
• Chief Minister of Tamil Nadu: M. K. Stalin (DMK)
• Total Assembly Constituencies in Tamil Nadu: Unicameral (234 seats)
• Parliamentary constituency in Tamil Nadu: Lok Sabha (39 seats) and Rajya Sabha (18 seats)
• High Court of Tamil Nadu: Madras High Court
• Official Language of Tamil Nadu: Tamil
• Additional Official Language of Tamil Nadu: English
• Literacy rate in Tamil Nadu (2017): 82.9%
• Sex ratio in Tamil Nadu (2019): 996 ♀/1000 ♂