Question
Which bank signed a USD 200 million loan agreement with
the Government of India in July 2024 to enhance solid waste management and sanitation in 100 cities across 8 states?Solution
In July 2024, the Asian Development Bank (ADB) and the Government of India entered into a USD 200 million loan agreement aimed at boosting solid waste management and sanitation services in 100 cities across eight states. This initiative is part of the Swachh Bharat Mission (SBM) 2.0, which targets comprehensive municipal waste management to achieve garbage-free cities by 2026. The loan will support the development of sanitation infrastructure and services, including waste segregation, collection, and disposal systems.
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