CURRENT AFFAIRS

Detailed explanation-1: -The Asian Development Bank (ADB) and the Government of India today signed a $96.3-million loan agreement to provide safe drinking water and improve water supply and sanitation services in the state of Himachal Pradesh.

Detailed explanation-2: -The Asian Development Bank (ADB) has approved a loan of around Rs 770 crore to fund a safe drinking water and sanitation project in Himachal Pradesh. The loan has been provided under the Himachal Pradesh Rural Drinking Water Improvement and Livelihood Project, the ADB said in a press note on Saturday.

Detailed explanation-3: -Rajasthan: $300-million ADB loan for water supply, sanitation projects - The Hindu BusinessLine.

Detailed explanation-4: -The Government of India is implementing Jal Jeevan Mission (JJM), in partnership with States/ UTs, to make provision of potable tap water supply in adequate quantity of prescribed quality on regular and long-term basis to every rural household of the country by 2024.

Detailed explanation-5: -As of 31 December 2021, ADB’s five largest shareholders are Japan and the United States (each with 15.6% of total shares), the People’s Republic of China (6.4%), India (6.3%), and Australia (5.8%).