ADB Financing to Support Urban Development in Nagaland
Tags: State News
The Government of India and the Asian Development Bank 12 April 2022 signed a $2 million Project Readiness Financing (PRF) Loan for designing climate resilient urban infrastructure, strengthening institutional capacity and improving municipal resource mobilisation in 16 district headquarter towns (DHTs) in Nagaland.
The signatories to the PRF for the proposed Nagaland Urban Infrastructure Development Project were Shri Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs in the Ministry of Finance who signed for the Government of India, and Shri Takeo Konishi, Country Director of ADB’s India Resident Mission who signed for ADB.
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