$200 mn World Bank loan to Himachal for green developmentJuly 27th, 2012 - 7:35 pm ICT by IANS
Shimla, July 27 (IANS) The World Bank has granted a $200 million (Rs.1,100 crore) loan to Himachal Pradesh to promote green initiatives and sustainable development in the state, an official statement said here Friday.
“The loan component amounting to $20 million would be at a subsidised rate of 0.74 percent payable in 30 years,” Chief Secretary Sudripta Roy said in a statement.
He said the loan comprised 90 percent grant and 10 percent loan.
According to the 2009 Forest Survey of India, Himachal Pradesh has 37,033 sq km of forest area, of which 3,224 sq km is very dense forest.
- Fires ravage 20,000 hectares of Himachal forests in two months (With Images) - Jun 28, 2012
- Pine needles fuel business for Himachal villagers - Jul 05, 2012
- Himachal to have climate change centre - Dec 31, 2011
- Dhumal administers green pledge to public - Jun 05, 2012
- Climate change hitting forests, says Dhumal - Apr 01, 2011
- Himachal to set up climate study centre - Mar 09, 2011
- Himachal may go Costa Rican way on environment - Feb 22, 2010
- Himachal forest guards to get weapons - Aug 04, 2010
- Biodiversity project launched in Himachal - Jul 03, 2012
- Cases of massive timber felling in Himachal - Apr 03, 2010
- Himachal hotel gets heritage status - Aug 23, 2012
- Himachal to set up 10 more forest police stations - Jan 14, 2010
- Drinking water for Delhi: Chief secretaries to meet - Jun 30, 2012
- Himachal fails to use World Bank funds - Apr 17, 2010
- To save environment, Himachal schools take pledge - May 04, 2010