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India Signs Loan Agreements With World Bank for US $ 250 Million for Uttarakhand Disaster Recovery Project

India Signs Loan Agreements With World Bank for US $ 250 Million for Uttarakhand Disaster Recovery Project The Loan Agreements for World Bank (IDA) assistance of US$ 250 million for Uttarakhand Disaster Recovery Project were signed between the Government of India and the World Bank. The Loan Agreement was signed by Shri Nilaya Mitash,Joint Secretary, Department of Economic Affairs, Ministry of Finance on behalf of the Government of India and Mr Onno Ruhl, Country Director (India) of World Bank on behalf of the World Bank. The Project Agreement was also signed by Shri Rakesh Sharma, Additional Chief Secretary, Uttarakhand on behalf of the Government of Uttarakhand.The objective of the project is to restore housing, rural connectivity and build resilience of communities in Uttarakhand and ...
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