India signs $ 120 million loan agreement with World Bank for water supply services | Current Affairs, Current Affairs 2018

India signs $ 120 million loan agreement with World Bank for water supply services

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The Government of Uttarakhand and the World Bank Board signed a $120 million loan agreement to increase the access to clean drinking water in the Peri-urban areas (also called rurban space, outskirts or the hinterland) in the state.
The agreement would ensure water supply in peri-urban areas and will develop and implement a service-oriented and efficient water supply policy for peri-urban areas, strengthen the current monitoring and evaluation systems, and provide dedicated incentives for preparation and adoption of water supply ‘master-plans’ in peri-urban areas.
Growth and urbanization has led to the rise of significant “peri-urban” areas (mostly in the plains) that, while classified as rural, are effectively urban in nature (in terms of density of population, the structure of the economy, and aspirations of the people). The “disconnect” between the formal classification of these populated areas and their actual nature, including provision of water supply, along with unique governance, infrastructure, and service delivery challenges.

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