USD 100 million World Bank loan for Himachal sustainable growth
Updated: Jun 12, 2014 02:45:08pm
“The Loan agreement signed here today will be financed by the Clean Technology Fund (CTF). It will help Himachal Pradesh bring in better policies and practices to guide the development of sustainable hydropower; adapt and mitigate the effects of climate change; empower local communities to conserve their watersheds better; promote cleaner methods of industrial production; promote environmentally sustainable tourism; and integrate GIS in decision making,” a press release said.
The Agreement for World Bank DPL Loan of USD 100 million for promoting Inclusive Growth and Sustainable Development has been signed between the Government of India, the World Bank and the Government of Himachal Pradesh here today.
It was signed by Joint Secretary, Department of Economic Affairs, Usha Titus, on behalf of the Government of India and Principal Secretary (Finance), Shrikant Baldi, on behalf of the Government of Himachal Pradesh and World Bank Country Director in India, Onno Ruhl on behalf of the World Bank. (KNN Bureau)