• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Saturday, September 5, 2026
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Gold & Silver
  • National
  • State
  • People
  • Companies
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Finance
  • Gold & Silver
  • National
  • State
  • People
  • Companies
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home Companies

India, ADB sign project readiness financing loan to support urban mobility in Mizoram

by Economy India
October 26, 2021
Reading Time: 2 mins read
FEATURED IMAGE ECONOMY INDIA 1 1
SHARESHARESHARESHARE
india csr awards
ADVERTISEMENT

The Government of India and the Asian Development Bank today signed a $4.5 million project readiness financing (PRF) loan to support project preparation and design activities to improve urban mobility in Aizawl, the capital city of the northeastern state of Mizoram.

Shri Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, in the Ministry of Finance signed for the Government of India the PRF for the proposed Aizawl Sustainable Urban Transport Project, while Mr Takeo Konishi, Country Director of ADB’s India Resident Mission signed for ADB.

Urban Transport Investments

After signing the agreement, Shri Mishra said that the PRF supports the development of long-term solutions to improve urban mobility in Aizawl by identifying high-priority urban transport investments for the ensuing project and enhance its readiness by supporting due diligence and other preparatory activities.

Comprehensive Mobility Plan (CMP)

“The PRF will develop a Comprehensive Mobility Plan (CMP) for Aizawl that outlines the urban transport development strategy and build synergies with urban development planning initiatives in the state, and promote climate and disaster resilience, and gender inclusiveness in its interventions,” said Mr Konishi.

19th India CSR Leadership Summit 2026
ADVERTISEMENT

Mizoram’s Administrative

Urban mobility in Aizawl, the center of Mizoram’s administrative and service industry, is severely constrained due to rapid and unplanned urbanization. This results in traffic congestion on narrow road widths, and adversely impacts road safety, efficiency in movement of people and goods, and environmental sustainability.

Prioritized Projects Identified

The ensuing project, being developed through the PRF, seeks to resolve the city’s transport problems by adopting sustainable urban mobility solutions. The PRF will conduct feasibility studies for prioritized projects identified in the CMP, and prepare detailed project reports and detailed design for the ensuing project. It will help develop institutional capacity of the state’s Urban Development and Poverty Alleviation Department in pre-implementation and project preparation activities.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members

Tags: ADBBusiness Updates on Indian EconomyCurrent Updates of Indian EconomyEconomic Development of IndiaEconomy IndiaEconomy India UpdatesEconomy NewsEconomy News of IndiaEconomy News Portal of IndiaEconomy News UpdatesEconomy Updates from IndiaFinancing LoanIndia EconomicIndian EconomyIndian Economy OutlookIndian Economy UpdatesLatest Development on Indian EconomyLatest Updates on Indian EconomyNews Around Economy of IndiaNews on Indian EconomyNews on World of Indian EconomyOverview of Indian EconomyRecent Development in Indian EconomySupport Urban Mobility
19th India CSR Leadership Summit 2026
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

Premiumisation Drives Growth for India’s Liquor Companies
Business

Premiumisation Drives Growth for Liquor Companies Despite Cost Pressures

August 9, 2026
HSBC India Reports 3.65% Rise in H1 2026 Profit to USD 965 Million, Expands Workforce by Nearly 2,000
Companies

HSBC India Reports 3.65% Rise in H1 2026 Profit to USD 965 Million, Expands Workforce by Nearly 2,000

August 4, 2026
Kansai Nerolac Paints Q1 Profit Rises 6% to ₹228.41 Crore on Strong Demand and Higher Prices
Companies

Kansai Nerolac Paints Q1 Profit Rises 6% to ₹228.41 Crore on Strong Demand and Higher Prices

August 3, 2026
Gold Coast Films Launches Bharat Runway Tour
Companies

Gold Coast Films Launches Bharat Runway Tour to Showcase Indian Brands Globally

August 2, 2026
Raymond Lifestyle Q1 Loss Widens to ₹22.59 Crore Despite 6% Revenue Growth
Companies

Raymond Lifestyle Q1 Loss Widens to ₹22.59 Crore Despite 6% Revenue Growth

August 1, 2026
Nissan Motor India Sales Surge 66.5% in July as Domestic Demand More Than Triples
Automotive

Nissan Motor India Sales Surge 66.5% in July as Domestic Demand More Than Triples

August 1, 2026
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

Union Minister says, Indo-Swedish cooperation in Energy Sector will go a long way in achieving the ultimate goal of fossil fuel free economy

ESG Professional Network
ADVERTISEMENT

LATEST NEWS

Viral Desai to Become CEO of Knight Frank India, Will Take Charge in April 2027

Monomark Engineering, RKB Global Receive SEBI Approval to Launch IPOs

RBI to Conduct Rs 7 Lakh Crore 30-Day VRRR Auction on September 7

MP: CG Power’s Sehore Facility Rolls Out First Power Transformer, Over 2,000 Jobs Expected

पंजाब: 85 हजार कर्मचारियों का महंगाई भत्ता 42 से बढ़ाकर 60 प्रतिशत करेगी सरकार

Australian Regional Government’s Trade Mission to India Opens New Opportunities in Trade and Investment

India’s Forex Reserves Rise $11.47 Billion to Record High of $740.80 Billion

Nepal Flood Death Toll Rises to 1,295; Two Workers Rescued Alive After 9 Days in Tunnel

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Gold & Silver
  • National
  • State
  • People
  • Companies
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved