EU grants Rs 90 crore for Chandigarh’s all-day water supply project
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.