NEW DELHI, Nov 14 (NNN-PTI) – India’s federal government and the Asian Development Bank (ADB), yesterday signed a loan agreement of 400 million U.S. dollars, to support its urban reform agenda, under the sustainable urban development and service delivery programme, officials said.
The programme supports the government’s urban sector strategy, with a focus on urban reforms, aimed at making cities livable and centres of economic growth through the provisioning of inclusive, resilient and sustainable infrastructure, Juhi Mukherjee, a senior official from the department of economic affairs in the ministry of finance, said.
The program also envisages integrated urban planning reforms, to control urban sprawls and foster systemic and planned urbanisation by enhancing the entire ecosystem of legal, regulatory, and institutional reforms, the ministry said.– NNN-PTI
