Correct Answer : Asian Development Bank
The Asian Development Bank (ADB) has approved loan to support financially the water supply infrastructure projects in Jharkhand.
* ADB sanctioned Loan for Water Supply Projects in Jharkhand, The ADB has sanctioned the loan amount of USD 112 million to the Jharkhand for the same.
* The project will offer Jharkhand’s residents with continuous and quality water supply. It will be executed in Hussainabad, Jhumri Telaiya, Medininagar and Ranchi cities of the state.
* The total funds required for the project is USD 160 million, out of which USD 48 million will be granted by the state government.
* Around 940 km of water distribution network will be established which will supply water to 115,000 houses. The project is expected to be completed in 2028.