iifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

ADB inks $96.3 million loan pact with Centre for improving water supply in Himachal Pradesh

24 Aug 2022 , 02:09 PM

The Asian Development Bank (ADB) and the Central Government of India has signed a $96.3 million loan agreement to provide safe drinking water and improve water supply and sanitation services in the state of Himachal Pradesh.
The authorities for the Himachal Pradesh Rural Drinking Water Improvement and Livelihood Project were Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, who signed on behalf of Indian Government and Takeo Konishi, Country Director for ADB in India, who signed on behalf of ADB.
After signing the loan agreement Rajat Mishra commented that the project is aligned with the objectives of the Government's Jal Jeevan Mission which aims to provide piped water by 2024 to all rural households and it will upgrade water supply infrastructure.
“ADB's participation in the project will provide water management best practices, strengthen institutional capacity, and guide tariff reform,” added Konishi. “These interventions will address the government’s aim of providing uninterrupted pressurized water supply to each and every households.
The ADB project will connect 75,800 households to the service, providing uninterrupted water supply to about 3.70 lakh residents across 10 districts. To improve water supply and sanitation services, the project plans to construct 48 groundwater wells, 80 surface water intake facilities, 109 water treatment plants, 117 pumping stations, and 3,000 km of water distribution pipelines. Also, a pilot fecal sludge management and sanitation programme will be implemented in Sirmaur District, which will benefit approx. 2.50 lakh residents.

Related Tags

  • ADB
  • Asian Development Bank
  • Central Government deal
  • Himachal Pradesh
  • Indian Government
  • Jal Jeevan Mission
  • water supply
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.