Ind Germany sign urban infrastructure devt loan agreement
Bhubaneswar, August 03 (ANI): India and Germany have signed a loan agreement and received a total assistance of around 375 crores Rs for the development of the urban infrastructure in Bhubaneswar. The loan agreement for Odisha Urban Development Fund was signed between the government of India and KFW, Germany and Government of Odisha and KFW. Principal Secretary to Government, Housing and Urban Development Department, Injeti Srinivas said that KFW, which is the German Development Bank, would give a loan assistance of 50 million Euros and technical assistance grant of 2.5 million.
