EU grants Rs 90 crore for Chandigarh’s all-day water supply project
26th March, 2021
Context:
The European Union approved a grant of €11 million, which is approximately INR 90 crore, for Chandigarh’s all-day-round water supply project.
The amount has been granted by the EU, apart from a Rs 400 crore loan for the project which has been separately approved by a French development agency.
The Agence Française de Dèveloppement (AFD) had called on the EU to promote the project, following which the grant was approved.
The grant will be specifically spent for providing benefits to marginalised people, including economically weaker sections and women, and for improving the environment.