The Asian Development Bank (ADB) has approved a 61-million-dollar loan for development of urban areas in the capital city of Tripura – Agartala. 

This was informed by Tripura chief minister Biplab Deb on Monday. 

CM Deb further said that a 1-million-dollar technical assistance (TA) grant has also been approved by the Asian Development Bank. 

“ADB approves a $61 million loan and $1 million technical assistance (TA) grant for the urban development in Agartala,” the Tripura CM said. 

He added: “With this financial support, Tripura will march ahead on the path of becoming a model state.” 

Also read: Repeated visits to Tripura by TMC’s Abhishek Banerjee sign of party’s desperation, says BJP

CM Biplab Deb said that “this loan will be used to upgrade 48 kms of stormwater drainage and construct 23 kms of climate-resilient roads”.  

“This will further enhance the quality of life in Tripura and make the state an economic–commercial hub of the northeast,” CM Biplab Deb said. 

NE NOW NEWS

Northeast Now is a multi-app based hyper-regional bilingual news portal. Mail us at: contact@nenow.in