GS 3: Economy | Infrastructure: Energy, Ports, Roads, Airports, Railways etc.
- Union Government has inked $169 Million Loan agreement with Asian Development Bank (ADB) for Tamil Nadu Urban Flagship Investment Program. It is tranche of $500 million multi-tranche financing to provide water and sanitation services in Tamil Nadu.
Tamil Nadu Urban Flagship Investment Program:
- The program will develop priority water supply, sewerage, and drainage infrastructure in at least 10 cities located within strategic industrial corridors of Tamil Nadu.
- It will support innovative pilots, including India’s first solar-powered sewage treatment plant (STP) to offset greenhouse gas emissions and enhance operational efficiency; strengthen urban governance; and build capacity of state and local institutions to enhance urban service delivery, environmental sustainability, and climate resilience.