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India, ADB sign $181 million loan agreement to improve livability in Ahmedabad

The Government of India and the Asian Development Bank (ADB) signed a $181 million loan agreement to build quality infrastructure and services toward improving urban livability and mobility in the peri-urban areas of Ahmedabad city in Gujarat.

India, ADB sign $181 million loan agreement to improve livability in Ahmedabad

India and ADB sign USD 181 million loan agreement to improve livability in Ahmedabad

India and ADB USD 181 million loan project aims to make peri-urban areas of Ahmedabad livable, environmentally sustainable, and efficient with robust physical and social infrastructure, a vibrant economy, and a distinct identity as a preferred investment destination.

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India, ADB sign USD 181 million loan MoU: Key Highlights

The project will benefit urban poor, women, and migrant workers through improved urban services and urban governance. It will construct 166 km of water distribution network, 126 km of climate-resilient stormwater drainage, 300 km of sewerage systems, and four sewage treatment plants.

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The project is also supporting 10 junction improvements along the existing Sardar Patel Ring Road to improve connectivity of peri-urban areas to Ahmedabad city.

The project will also build the government agencies’ capacity in financial planning, revenue enhancement and infrastructure asset operations. The project will support development of recycling treated sewage for industrial use through a public–private partnership.

Static Current Affairs related to Gujarat for upcoming exams

  • Statehood Day of Gujarat: 1 May 1960
  • Capital City of Gujarat: Gandhinagar
  • Largest City of Gujarat: Ahmedabad
  • Total Districts in Gujarat: 33
  • Governor of Gujarat: Acharya Dev Vrat
  • Chief Minister of Gujarat: Bhupendra Patel (BJP)
  • Total assembly constituencies of Gujarat: Unicameral (182 seats)
  • Parliamentary constituency of Gujarat: Rajya Sabha (11 seats) and Lok Sabha (26 seats)
  • High Court: Gujarat High Court
  • Total Population of Gujarat (2011): 60,439,692
  • Official Languages of Gujarat: Gujarati
  • Additional Official Languages of Gujarat: Hindi
  • Literacy Rate of Gujarat (2011): 78.03%
  • Sex Ratio in Gujarat (2011): 919 ♀/1000 ♂

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