Current Affairs Exam

Jharkhand: Rs 5,280 crore allotted for civic amenities, says JUIDCO

JharkhandUrban Development Corporation (JUIDCO), an arm of thestate urban development department, said in a statement that Rs 5,280 crore would be spent oncivic amenitiesunder different Urban Local Bodies.

TheAsian Development Bank(ADB) has assured fiscal assistance to the Jharkhand government as its strategic partners for the mission.

According to JUIDCO statement, Rs 5,280 crore will be incurred in creation of Drainage Systems, septage management, drinking water facilities, capacity building of urban local bodies among others.

Of this, ADB will invest Rs 2,800 crore, while the State Government will pitch in with Rs 1,200 crore from its coffers.

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