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WB gives assistance for urban infrastructure

12/07/2009 1:57:00 PM

New Delhi, Dec (EPC News): Ministry of Urban Development has taken an initiative to get World Bank assistance for urban sector projects.

The Planning Commission has conveyed its approval to the Preliminary Project Report (PPR) with suggestions relating inter-alia to the scope of urban services to be covered, eligibility of Urban Local Bodies (ULBs), and focus on capacity building. The proposal has been forwarded to Department of Economic Affairs which has recommended the proposal to the World Bank for loan assistance up to $1 billion.

EPC News Bureau