ADB Commits $200 Million Loan for Solid Waste Management in India
| Aspect | Details |
|---|---|
| Institution Involved | Asian Development Bank (ADB) |
| Loan Amount | $200 million (approximately Rs 1,700 crore) |
| Purpose | Improve solid waste management and sanitation in 100 cities across eight states in India |
| Program | Swachh Bharat Mission 2.0 - Comprehensive Municipal Waste Management in Indian Cities Program |
| Loan Agreement Signatories | Juhi Mukherjee (Joint Secretary, Finance Ministry) and Mio Oka (Country Director, ADB India) |
| Infrastructure Development | Upgrade/establish bio-methanation plants, composting plants, landfills, material recovery facilities, and plastic waste processing facilities |
| Sanitation Improvements | Construction of community toilets and urinals, purchase of sweeping equipment |
| Climate and Disaster Resilience | Incorporate climate- and disaster-resilient features, gender equality, and social inclusion |
| Capacity Building | Strengthen urban local bodies for waste management, encourage peer learning, and private sector engagement |
| Monitoring | Annual reviews and progress updates of city-wide solid waste and sanitation action plans |