CCI directs IDBI Trusteeship, Axis Trustee and SBI CAP Trustee to cease and desist from anti-competitive conduct (See 'Corp Brief') Environment Minister reviews Coordinated Efforts by NCR States to tackle Air Pollution (See 'Corp Brief') CPC - Objection regarding pecuniary jurisdiction cannot be entertained at stage of final arguments when no such objection is raised by defendant at earliest opportunity or before settlement of issues: HC (See 'Legal Desk') Nadda inaugurates Centre for Advanced Bladder Diagnostics (See 'Corp Brief') NIELIT and Intel India launch Agentic AI Skilling Programs (See 'Corp Brief') IBC - IRP has contravened statutory mandate of IBC by omitting to maintain formal minutes of meetings & relying instead on informal email communications & where IRP omits to act strictly as per prior instructions of CoC: IBBI (See 'Legal Desk') BRICS Members reaffirm Commitment for Multilateral Cooperation in Intellectual Property (See 'Corp Brief') Digital India BHASHINI and Kathmandu Univ explore Collaboration in Language AI (See 'Corp Brief') IBCA, ADB sign MoU strengthening collaboration in Landscape Conservation (See 'Corp Brief') EPFO seeks applications from potential beneficiaries (See 'Corp Brief') IPR - For deciding territorial jurisdiction at inception of suit, if plaintiff's pleadings sufficiently allege that defendant has digital presence accessible, suit cannot be summarily thrown out for lack of jurisdiction: HC (See 'Legal Desk') CCI okays acquisition of up to 100% equity of Apollo Fertility & Apollo Specialty by Kids Clinic India (See 'Corp Brief') CCI approves acquisition of Aseem Infra Finance by TPG Nicobar SG (See 'Corp Brief') Ministry of Civil Aviation launches Hub & Spoke International Flight Operations (See 'Corp Brief') CAQM reviews Enforcement Actions (See 'Corp Brief') IBC - Definition of 'associate' u/s 79(2)(g) cannot be expanded beyond its statutory text, and procedural irregularities such as absence of forensic audit do not warrant rejection if no actual prejudice is demonstrated: NCLT (See 'Legal Desk') Wow! 7.8% growth but it also does not reveal many things! (See CORP EINSICHT) India, Germany sign Joint Declaration of Intent on environment conservation (See 'Corp Brief') IBC - If foreign decree from reciprocating territory remains substantially unsatisfied, and judgment debtor and his family exercise pervasive control over multiple business entities, decree holder is entitled to protection of its interest through appropriate security: SC LB (See 'Legal Desk') Advisor to PM reviews Development Initiatives at Belgaria and Karmatand Townships (See 'Corp Brief') Invest in R&D while fostering partnerships to become global enterprises: RM (See 'Corp Brief') SARFAESI - Attachment of entire subject property cannot be sustained in absence of material showing direct nexus between property & investors' funds involved in criminal proceedings: HC (See 'Legal Desk') Ministry of Coal Holds Preparatory Meeting for Special Campaign 6.0, Reaffirms Commitment to Cleanliness and Efficiency (See 'Corp Brief') PBPT - Per Section 2(26), initiating officer must establish that benami amount was either converted into another form or integrated into general business assets of beneficial owner beyond demarcation before attaching substitute properties: Tribunal (See 'Legal Desk') India must build Future-Ready Workforce for a Global Automotive Industry: Kumaraswamy (See 'Corp Brief') Union Minister to launch fisheries Infrastructure projects worth Rs 36.49 Crore (See 'Corp Brief') Nadda reviews Progress of Rural Health Training Centre, Najafgarh (See 'Corp Brief') IPR - If plaintiff holds registered trademark rights and shows prima facie prior adoption and use, defendant's use of identical mark for identical hospitality & restaurant services is sufficient to justify interim injunctive relief: HC (See 'Legal Desk') 4th Indo-German Environment Forum to be held in New Delhi (See 'Corp Brief') ICAR-IIOR to host Industry Interface to Accelerate Commercialization of Oilseed Technologies (See 'Corp Brief') A&C - Arbitral award immune to interference merely because alternative interpretation of facts or contractual terms exists; cannot be quashed where award is plausible, logical & free from patent illegality, perversity, or conflict with public policy: HC (See 'Legal Desk') Manohar Lal directs Fast-track Project Implementation & Strengthening of Swachhata (See 'Corp Brief') MSDE in collaboration with UP Govt organises PM-SETU Industry Conclave in Lucknow (See 'Corp Brief') MoS holds interaction with delegation of Armed Forces HQ Association (See 'Corp Brief') NBA disburses Rs 5.68 Crore in Benefit-Sharing Funds for Biodiversity Conservation (See 'Corp Brief') Commerce Secretary Rajesh Agrawal Leads 4th India-Argentina JTC Meeting (See 'Corp Brief') IBC - Sale certificate issued by liquidator under insolvency proceedings in respect of property sold by public auction is not compulsorily registrable: HC (See 'Legal Desk') CBN seizes 66.80 lakh psychotropic tablets in major inter-state pharmaceutical diversion case (See 'Corp Brief') Acquire knowledge, question injustice through constitutional means: RM tells youth (See 'Corp Brief') Empowering mother can enable early identification of disability in child: MoS (See 'Corp Brief') MoS lays Foundation Stone of PMGSY Roads Worth Rs 1,503 Crore in Jammu (See 'Corp Brief') Companies Act - Corporate name change is merely alteration of MoA that preserves company's continuous legal identity, rights, liabilities & obligations without creating a new entity or dissolving the old one: HC (See 'Legal Desk')

India, ADB sign USD 125 mn loan to improve water supply in Uttarakhand

Published: Dec 07, 2021

By TIOLCorplaws News Service

NEW DELHI, DEC 07, 2021: THE Government of India and the Asian Development Bank (ADB) today signed a USD 125 million loan to improve access to safe and affordable drinking water supply and citywide inclusive sanitation services in Dehradun and Nainital cities in the state of Uttarakhand.

Mr. Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, Ministry of Finance, signed for the Government of India the agreement for the Uttarakhand Integrated and Resilient Urban Development Project while Mr Takeo Konishi, Country Director of ADB's India Resident Mission, signed for ADB.

After signing the loan agreement, Mishra said that the project addresses the need for upgrading urban services in the fast-expanding capital city of Dehradun and Nainital which attracts thousands of tourists daily. Mishra said that the improved water and sanitation services will also promote better hygiene practices that will help protect people from future pandemic and epidemic diseases.

"The project complements previous ADB support to improve water supply and sanitation service (WSS) in the two cities with a focus on ensuring high-quality service delivery and a citywide sanitation approach to make it cost-effective," said Mr. Konishi. "Computerized maintenance and management systems will be introduced to advance the system operation and asset management while ensuring users' satisfaction", added Mr Konishi.

Many innovative solutions like soak pit reuse and utilization for groundwater recharging, bus mobile toilets with gender-sensitive and inclusive design features, rainwater harvesting, and compact design and pre-fabricated sewerage treatment facilities will enhance climate resilience of the project.

The project will construct 136 kilometers (km) of water pipe system to replace defective water networks in South Dehradun to ensure reliable and continuous water supply to benefit an estimated 40,000 people, including 4,000 urban poor and vulnerable groups. Water meters will also be installed in about 5,400 households to support efficient water use and consumption billing.

In addition, the project will establish sewage treatment plants in Dehradun, supported by 256 km of enclosed underground sewer networks and 117 km of storm water drainage networks benefiting an estimated 138,000 residents, including 15,000 urban poor and vulnerable people. A total of 17,410 households in Dehradun will be connected to this sewerage system. Replacing the aging sewage treatment plant with a new one using advanced technology, and trunk sewer rehabilitation in Nainital, the project will ensure resilient and reliable sanitation services to the entire population of about 154,000 people.

ADB will provide a USD 250,000 technical assistance (TA) grant from its Technical Assistance Special Fund and another USD 750,000 grant from its Climate Change Fund to further strengthen climate-resilient urban planning and development of the state by carrying out a thorough assessment, supporting science-based decision making, developing smart climate resilient urban planning tools, and capacity-building activities.

TIOL CORP SEARCH

TIOL GROUP WEBSITES