India signs Legal Agreements with World Bank for Shimla water supply

On 15th February, the Government of India (GoI), Government of Himachal Pradesh (GoHP) and the World Bank signed a 40 Million Loan Agreement to help bring clean and reliable drinking water to the citizens of the Greater Shimla area, who have been facing severe water shortages and water-borne epidemics over the last few years. The Shimla Water Supply and Sewerage Service Delivery Reform Programmatic Development Policy Loan 1 is expected to improve water supply and sanitation (WSS) services in and around the iconic hill city of Shimla. The 40 Million Loan from the International Bank for Reconstruction and Development (IBRD), has a 4-year grace period and a maturity of 15.5 years.