Madhya Pradesh: Shivraj Singh announces NDB's rural drinking water project in state

Madhya Pradesh chief minister Shivraj Singh Chauhan on Wednesday informed that BRICS’s New Development Bank (NDB) would extend 470 million USD for rural drinking water projects in the state.

He wrote on Twitter that BRICS Bank is extending sovereign loan of US$ 470 million to Rural Drinking Water Scheme in Madhya Pradesh that would benefit 30 lakh people of the state.

“BRICS Bank is extending sovereign loan of US$470 million to Rural Drinking Water Scheme in Madhya Pradesh. It will benefit 30 lakh citizens,” he tweeted.

The scheme comes under the aegis of BRICS which has approved USD 1.2 billion for India.

BRICS Bank is extending sovereign loan of US$470 million to Rural Drinking Water Scheme in Madhya Pradesh. It will benefit 30 lakh citizens.

— CMO Madhya Pradesh (@CMMadhyaPradesh) September 6, 2017

Earlier, the BRICS bank had informed that four infrastructure and sustainable development projects have been approved for three developing nations by the Board of Directors.