Punjab urges ADB to clear loan proposals

Image
IANS Chandigarh
Last Updated : Sep 28 2018 | 8:50 PM IST

The Punjab government on Friday urged the Asian Development Bank to expeditiously clear the state's loan proposals to ensure early implementation of developmental projects entailing an expenditure of Rs 3,127 crore.

The projects include a 24x7 surface water supply system for Jalandhar and Patiala cities, besides conservation of historical monuments and buildings across the state.

At a meeting here, Chief Minister Amarinder Singh apprised ADB Country Director Kenichi Yokoyama that Punjab was facing acute scarcity of potable water, especially in Patiala, Jalandhar, Amritsar and Ludhiana.

He pointed out that the state had prepared a comprehensive plan to shift water supply in these cities from tube wells to canals for quality drinking water.

Making a detailed presentation, Punjab Water Supply and Sewerage Board CEO Ajoy Sharma said that the cost of the proposed surface water supply system was Rs 700 crore in Patiala and Rs 1,227 crore in Jalandhar.

--IANS

js/tsb/bg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 28 2018 | 8:46 PM IST

Next Story