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Namami Gange Programme gets a support of $400 million from the World Bank

Namami Gange Programme gets a support of $400 million from the World Bank

A loan agreement of $400 million was signed by the Indian Government and the World Bank to increase the support for rejuvenation of the Ganga river under the Namami Gange Programme.

Key Points:

  • The second edition of the National Ganga River Basin Project will assist in the reduction of pollution from the river Ganga and will be helpful in the strengthening of the management system of the river basin, which has over 500 million people residing there.
  • Under the $400 million support, the World Bank has provided a loan of $381 million with a proposed guarantee of $19 million.
  • The National Ganga River Basin Project is being supported by the World Bank since 2011, and with the support of the Bank, the government of India established the National Mission for Clean Ganga (NMCG) as the nodal agency for the management of the river along with the financial support that was provided for the sewage treatment infrastructure in many riverside towns and cities.
  • Under the first project by the World Bank, vital sewage infrastructure was built along the river at 20 hotspots of pollution, that will be further scaled up to the tributaries.
  • The support provided by the World Bank is the first-ever guarantee in the wastewater treatment and wastewater sector.

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