Govt of India, Uttarakhand & World Bank signs loan agreement for USD 120 million

By Accommodation Times Bureau NEW DELHI The Government of India (GoI), the Government of Uttarakhand and the World Bank Board has signed a $120 million Loan Agreement on Monday in New Delhi, which will help increase access to improved water supply services in peri-urban areas in the State of Uttarakhand. The $120 million

Govt signs agreement with World Bank for Eastern Dedicated Freight Corridor-III

Government has signed Guarantee agreement with the World Bank for IBRD direct lending of US$ 650 mn to the Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL) for Eastern Dedicated Freight Corridor-III (EDFC-III) Project. This Agreement was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs, Ministry of Finance

MMRDA ropes in World Bank to map region

By Accommodation Times News Service According to the Mumbai Metropolitan Region Development Authority (MMRDA), the ambitious Regional Information System that it aims to create with the World Bank’s help will be the first of its kind in India. The city’s development authority has tied up with the World Bank to map the

World Bank to provide funding to India for Smart city development

By Accommodation Times News Services The World Bank is planning to provide some initial funding for India’s smart cities programme and the Amrut initiative for urban revitalisation. "The World Bank is in discussions with the (India) government to provide some funding in the initial stages for the smart cities and Amrut

Mizoram State Road projects gets support of World Bank funds

            By Accommodation Times News Service A Credit Agreement for World Bank (IDA) assistance of US$ 107 million for Second Mizoram State Roads Project (MSRP II) has been signed between the Government of India and the World Bank here today. This Agreement was signed by Shri Nilaya Mitash, Joint Secretary (MI), Department