January 2021 \ Business & Investment \ STATES: TRIPURA
ADB to give Rs 2100 crore loan to Tripura

The Asian Development Bank (ADB) is likely to provide ...

By Sujit Chakraborty

The senior IAS officer said that in the urban sector, all 20 urban local bodies in Tripura would be covered and in the tourism sector, all tourism destinations, roads leading to them and tourist facilities would be covered.

The Tripura Government has signed the loan agreement with the ADB in New Delhi on Friday. The state’s Resident Commissioner in Delhi Chaitanya Murti signed the “Loan Negotiation documents of Project Readiness Finance” with ADB’s Country Director Takeo Kanishi in the presence of Additional Secretary to the Economic Affairs Department of the Union Finance Ministry C. S. Mohapatra.

Dinkarrao said that within the next 6-7 months, the Detailed Project Reports (DPRs) would be ready and for this purpose two renowned consultants are being engaged. “The ADB fund would be utilised to those areas where no projects not yet undertaken. Development of roads, infrastructures developments for water supply, sanitations, electricity and other required basic facilities would be the focus areas of the ADB funded projects,” he said. Meanwhile, a senior official of the Tripura Tourism Department said that under the centrally sponsored “Swadesh Darshan” scheme, Tripura has received around Rs 164 crore in two phases for the development of the 20 tourism destinations in the state.




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