project readiness financing (PRF) loan Current Affairs, GK & News

ADB Loan to Meghalaya for Urban Infrastructure Projects

April 13, 2022

The Asian Development Bank (ADB) and the Government of India have signed a USD 2 million Project Readiness Financing (PRF) Loan on 12th April 2022. The loan is being given for strengthening the institutional capacity, designing urban infrastructures that are climate-resilient, and improving the mobilization of municipal resources in Nagaland’s 16 district headquarter towns (DHTs). ..

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India-ADB sign PRF loan to support Urban Mobility in Mizoram

October 27, 2021

The Government of India and Asian Development Bank (ADB) signed a $4.5 million project readiness financing (PRF) loan on October 26, 2021. Key Points The loan agreement will support project preparation and design activities for improving urban mobility in capital city, Aizawl in the state of Mizoram. PRF supports the development of long-term solutions for ..

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