DRDO & Indian Navy conduct maiden successful Salvo launch of NASM-SR missiles (See 'Corp Brief') Sacred relics of Lord Buddha arrive in Leh, witnesses spiritual gathering (See 'Corp Brief') Electrification of buses & trucks is essential for achieving India's decarbonisation targets (See 'Corp Brief') Health-Seeking Behaviour Strengthens as Proportion of Population Reported Ailing in 2025 Nearly Doubles (See 'Corp Brief') Railway Minister to Flag Off Extended Srinagar-Jammu Vande Bharat (See 'Corp Brief') Secretary, DFS Lauds MUDRA Schemes of Financial Inclusion with Public Sector Banks (See 'Corp Brief') PMLA - Separate properties of another company or LLP cannot be attached merely because of shareholding linkage, absent demonstrated money trail to such properties: SAFEMA (See 'Legal Desk') CCI approves Mizuho Securities to acquire certain equity of Avendus Capital (See 'Corp Brief') CCI approves merger of A1 Agri Global, B.N. Agritech & Salasar Balaji Overseas (See 'Corp Brief') CCI approves acquisition by MAIF in Maple IM, Maple PM & Maple Trust (See 'Corp Brief') IBC - Minimum default threshold u/s 4 is met in case involving operational debt denominated in foreign currency, if foreign currency amount is converted into Indian Rupees with reference to exchange rate prevailing on date of invoice: NCLT (See 'Legal Desk') World IP day - Govt announces 3-year fee waiver for sports-related IP registrations (See 'Corp Brief') Govt organizes workshop on developing critical minerals value chain (See 'Corp Brief') Competition Act - Tender conditions & eligibility criteria are primarily within procurer's domain and, absent evidence that such clauses restricts competition or cause exclusionary harm, no intervention is warranted: CCI (See 'Legal Desk') TRAI releases Consultation Paper on 'Proliferation of Public Wi-Fi Networks in India' (See 'Corp Brief') DoP and DTDC sign MoU to strengthen Logistics and E-Commerce in India (See 'Corp Brief') Trade Mark - Defendants' conduct of running a coordinated fraudulent recruitment scheme, impersonating the plaintiffs & extracting money from each candidate, is deliberate exploitation of plaintiffs' goodwill & causes reputational harm: HC (See 'Legal Desk') PDUNASS-Gujarat NLU launch Programme on Labour Law and Social Security Compliance (See 'Corp Brief') Shivraj to launch PMGSY-IV Batch-II in Srinagar (See 'Corp Brief') India emphasises Inclusive and Ecosystem Based Governance of Small Scale Fisheries (See 'Corp Brief') SAFEMA - Certain transaction falls within ambit of benami transaction where appellants failed to produce supporting material, despite opportunity, to establish legitimate source of funds either in hands of lender or alleged contributors: SAFEMA TRIBUNAL (See 'Legal Desk') Diaspora vital connectors between India and global innovation ecosystems: MoS (See 'Corp Brief') Srinagar Khel Sankalp affirms unified commitment to athlete-centric sports ecosystem (See 'Corp Brief') IBC - If corporate debtor is solvent & functioning company, then insolvency process invoked only to secure payment of individual dues by initiation of CIRP, amounts to misuse of IBC as recovery mechanism: SC (See 'Legal Desk') Reining in Misuse of IBC for Recovery (See CORP EINSICHT) SAMAVESH Portal, NMBA 2.0, SETU and SMILE Beggary Apps Launched at Chandigarh Shivir (See 'Corp Brief') PMLA - Attachment of a residential property upheld where Act itself permits attachment not only of property directly acquired from proceeds of crime, but also of untainted property representing equivalent value where actual proceeds of crime are unavailable or untraceable: HC (See 'Legal Desk') Veep urges Youth to become Job Creators and Nation-Builders (See 'Corp Brief') CCIC launches 'Soul Threads' - A Heritage Designer Collection Celebrating Artisanal Legacy (See 'Corp Brief') IBC - If statutory authority, during subsistence of moratorium u/s 14, directs bank to place lien on bank accounts of Corporate Debtor, and bank acts on same, it would amount to execution against Corporate Debtor and is barred by Sec 14: NCLT (See 'Legal Desk')

Print

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

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.