New Delhi, June 25 -- The World Bank on Tuesday approved a $147 million loan agreement to provide basic urban services to the people of Jharkhand and help improve the management capacity of the urban local bodies (ULBs) in the state.
"The Jharkhand Municipal Reform Programme will focus on improving the municipal sector's capacity to provide basic urban services. It will invest in urban services such as water supply, sewerage, drainage, and urban roads; and strengthen the capacity of the Jharkhand Urban Infrastructure Development Company (JUIDCO) as well as that of the ULBs to carry out reforms in the areas of urban finance and governance," an official statement said here.
This is in keeping with the needs of a rapidly urbanizing state whe...