Question: For which of the following states recently India has Signed a Loan Agreement with the World Bank for USD 250 Million for “First Programmatic Electricity distribution Reform Development Policy Loan” ?
(a) Punjab
(b) Rajasthan
(c) Haryana
(d) Uttar Pradesh
Ans (b)
Related facts:
- On 31 March 2016 India has signed a Loan Agreement with the World Bank for USD 250 Million for “First Programmatic Electricity distribution Reform Development Policy Loan” for Rajasthan.
- The project size is USD 250 million, and the total amount will be financed by the Bank.
- The objective of the proposed programmatic operation is to support the Government of Rajasthan (GoR)’s program for the turnaround of the distribution sector in Rajasthan under the 24×7 Power for All program.
Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=138438
http://www.worldbank.org/en/news/press-release/2016/03/31/government-of-india-world-bank-sign-usd250-million-agreement-support-electricity-distribution-sector-reforms-rajasthan
http://indiainbusiness.nic.in/newdesign/index.php?param=newsdetail/14174