Loan and Project Agreement for World Bank signed with government of Karnataka

Q.  Loan and Project Agreements for World Bank/IBRD assistance of US $100 million was signed between which state government and the World Bank?
- Published on 30 May 16

a. Government of Karnataka
b. Government of Kerala
c. Government of Andhra Pradesh
d. Government of Tamil Nadu

ANSWER: Government of Karnataka
 
Loan and projects agreement for WB assistance of US $100 million for the Karnataka Urban Water Supply Modernisation project was signed between Government of India/Karnataka and the World Bank.
  • Objective was to provide city wide access to continuous piped water supply in eligible cities in the state of Karnataka
  • The aim is also to strengthen service delivery arrangements at the city level
  • KUIDFC is the implementing agency for this project
  • Project will have 4 broad components namely Capital Investment Program, Institution Building, Technical Assistance for Sector Development and Project Management.

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