{"id":2885,"date":"2024-06-13T23:59:12","date_gmt":"2024-06-13T23:59:12","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=2885"},"modified":"2024-06-13T23:59:12","modified_gmt":"2024-06-13T23:59:12","slug":"india-adb-sign-125-million-loan-to-improve-urban-servicesin-tamil-nadu","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/india-adb-sign-125-million-loan-to-improve-urban-servicesin-tamil-nadu\/","title":{"rendered":"India, ADB sign $125 million loan to improve Urban Services\nin Tamil Nadu"},"content":{"rendered":"<p>The Government of India and Asian  (ADB) today signed a $125 million loan to develop <a href=\"https:\/\/exam.pscnotes.com\/climate\">Climate<\/a>-resilient sewage collection and treatment, and drainage and water supply systems in three cities in the state of <a href=\"https:\/\/exam.pscnotes.com\/tamil\">Tamil<\/a> Nadu.<\/p>\n<p>The signatories to the tranche 3 loan for Tamil Nadu Urban Flagship <a href=\"https:\/\/exam.pscnotes.com\/investment\">Investment<\/a> Program were Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs in the Ministry of Finance who signed for the Government of India, and Hoe Yun Jeong, Officer-in-Charge of ADB<span dir=\"rtl\"><\/span>s India Resident Mission who signed for ADB.<\/p>\n<p>The financing is the third and the last tranche of the $500 million multi-tranche financing facility (MFF) for the Program approved by ADB in 2018 to build priority water supply, sewerage, and drainage <a href=\"https:\/\/exam.pscnotes.com\/infrastructure\">Infrastructure<\/a> in strategic industrial corridors across 10 cities in the state. The tranche 3 loan covers Coimbatore, Madurai, and Thoothukudi.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Government of India and Asian (ADB) today signed a $125 million loan to develop Climate-resilient sewage collection and treatment, and drainage and water supply systems in three cities in the state of Tamil Nadu. The signatories to the tranche 3 loan for Tamil Nadu Urban Flagship Investment Program were Rajat Kumar Mishra, Additional Secretary, &#8230; <a title=\"India, ADB sign $125 million loan to improve Urban Services\nin Tamil Nadu\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/india-adb-sign-125-million-loan-to-improve-urban-servicesin-tamil-nadu\/\" aria-label=\"Read more about India, ADB sign $125 million loan to improve Urban Services\nin Tamil Nadu\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[744],"class_list":["post-2885","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-09-12-22"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India, ADB sign $125 million loan to improve Urban Services in Tamil Nadu - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/13\/india-adb-sign-125-million-loan-to-improve-urban-servicesin-tamil-nadu\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India, ADB sign $125 million loan to improve Urban Services in Tamil Nadu\" \/>\n<meta property=\"og:description\" content=\"The Government of India and Asian (ADB) today signed a $125 million loan to develop Climate-resilient sewage collection and treatment, and drainage and water supply systems in three cities in the state of Tamil Nadu. The signatories to the tranche 3 loan for Tamil Nadu Urban Flagship Investment Program were Rajat Kumar Mishra, Additional Secretary, ... 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The signatories to the tranche 3 loan for Tamil Nadu Urban Flagship Investment Program were Rajat Kumar Mishra, Additional Secretary, ... 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