ADB to provide 532 crore loan for water supply project in Coastal Karnataka
New Delhi, Nov 27: The Asian Development Bank (ADB) will provide a USD 75 million (around Rs 532 crore) loan for a water supply project in four coastal towns of Karnataka.
The project would ensure round the clock water supply in four towns- Kundapura, Mangalore Puttur and Udupi.
The fund will also be used to improve sanitation infrastructure for Mangalore town, said an official release.
The programme, approved by ADB Board in 2014, aims to improve urban water resource management in selected river basins in Karnataka through modernisation and expansion of urban water supply and sanitation infrastructure and strengthening institutions to improve water use efficiency, water resource planning, monitoring and service delivery.
The USD 75 million tranche 1 loan is helping strengthen urban water supply and sanitation services in three other towns of the State - Byadagi, Davangere, and Harihar.
An agreement regarding the tranche 2 loan of the programme was signed here on Tuesday.
Apart from providing continuous piped water supply and improved sanitation services to nearly one million people, the programme is helping the urban local bodies to become efficient and responsive urban water utility service provider.
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Man booked for duping 7 persons of Rs 91 lakh on promise of awarding govt works
Mumbai (PTI): The Mumbai police have registered a case against a man for allegedly duping seven persons of Rs 91 lakhs on the promise of awarding them works of different government departments, an official said on Tuesday.
The accused was identified as Satish Kadam, a resident of Nanded in Marathwada region, an official said.
A complaint was filed by Hanumant Vadje, who alleged that the accused cheated him and six others of around Rs 91 lakh by promising to give them various works of Urban Development and Social Justice Department, he said.
The fraud occurred between 2024 and 2026, with Kadam collecting money in cash and into his accounts, police said, adding he had returned some amount to them partially.
Multiple cheques issued by the accused bounced, prompting the victim to lodge a complaint at the Marine Drive police station. Based on the complaint, a case of cheating and criminal breach of trust was registered against him.
The case is under further investigation, the official said.
