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Current Affairs - International - Discussion

Discussion Forum : International - Latest Current Affairs (Q.No. 952)
2023-07-30 International
952.
What is the purpose of the $200 million loan deal signed between India and the Asian Development Bank (ADB) for the Rajasthan Secondary Towns Development Sector Project?
To promote agricultural development in rural areas of Rajasthan.
To enhance water supply, sanitation, and urban resilience in selected towns.
To support the construction of new highways and roads in Rajasthan.
To invest in renewable energy projects across urban and rural areas.
Answer: Option
Explanation:
The $200 million loan deal between India and ADB aims to enhance water supply, sanitation, and urban resilience in specific towns as part of the ongoing Rajasthan Secondary Towns Development Sector Project. The funding will be used to improve water supply systems, sanitation systems, and overall livability in these urban areas. This initiative also involves testing public-private partnerships in the water and sanitation sector.
Discussion:
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