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Government Signs Loan Agreement with Asian Development Bank (ADB) for $60 Million for Jammu and Kashmir Urban Sector Development Investment Program

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Delhi
Last Updated : Dec 31 2014 | 12:20 AM IST
The Government of India signed an agreement with Asian Development Bank (ADB) here today for a $60 million loan that will help improve urban services, including water supply and urban transport infrastructure, in two key cities of Jammu and Kashmir. This loan from the ADBs Ordinary Capital Resources has a 25-year term including a grace period of five years.

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First Published: Dec 30 2014 | 12:20 AM IST

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