India, ADB Sign $400-Million Loan For Urban Services

The programme envisages reforms to control urban sprawl and foster systemic and institutional reforms, along with capacity building for urban local bodies and community awareness, the statement said.

“The sub-programme also supports other mission objectives for ensuring urban water security through reducing water losses, recycling treated sewage for non-domestic use, rejuvenation of water bodies, and maintaining sustainable groundwater levels,” Takeo Konishi, country director of ADB’s India resident mission, said.

Cities will also be incentivised to become creditworthy through various reforms aimed at enhancing their revenue, such as property taxes and user charges, improving their efficiencies and rationalising their expenditure, it said.

ADB has been a key development partner in India’s urban sector since 1996 and has supported various states and ULBs through innovative investments and capacity development initiatives.

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