Loan and projects agreement for WB signed between Government of Karnataka and WB

Q.  Loans and Project Agreement for WB has been signed between Government of which state and WB?
- Published on 25 May 16

a. Kerala
b. Karnataka
c. TN
d. AP

ANSWER: Karnataka
 
The Loan and Project Agreements for World Bank (IBRD) assistance of US$ 100 million for the Karnataka Urban Water Supply Modernisation project were signed between Government of India/Government of Karnataka and the World Bank on 24th May.
  • The objective of the project is to provide city-wide access to a continuous piped water supply in the eligible cities in the State of Karnataka and to strengthen the service delivery arrangements at the city level. KUIDFC is the implementing agency for the project.
  • The project would have four broad components: (i) Capital Investment Program; (ii) Institution Building; (iii) Technical Assistance for Sector Development; and (iv) Project Management.

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