Dispur, Sept. 23 -- The government and the Asian Development Bank (ADB) on Monday signed a USD 125 million loan agreement to improve urban livability and strengthen climate resilience in six district headquarters and in Guwahati, Assam.

The agreement for the Assam Urban Sector Development Project was signed by Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance and Mio Oka, Country Director, ADB's India Resident Mission.

The project is expected to benefit around 360,000 residents by providing continuous metered water supply, upgrading stormwater management systems, and strengthening urban governance through reforms and capacity-building initiatives.

Planned investments include the construction of six wa...