India to get WB aid of $5.3 bn to develop urban infra
Updated on
Thursday, July 02, 2009, 17:51
IST

New Delhi, July 02: The World Bank will soon give assistance of USD 5.3 billion for all round development of urban infrastructure in the country.
This was stated by Union Urban Development Minster
Sugata Roy in Rajya Sabha today in response to a written
question.
"A proposal has been initiated for dollar 5.3 billion
assistance from World Bank for development of urban
infrastructure, water supply, sanitation and urban transport
in cities," Roy said.
However, he said the exact content and spread of
assistance and its confirmation under Jawaharlal Nehru
National Urban Renewal Mission (JNNURM) are yet to be
considered.
Replying to another question, Roy said the government
has allocated Rs 5187.23 crore in 2009-10 as against Rs
4455.37 crore the previous year under JNNURM.
Bureau Report