World Bank Approves $ 150 Million Loan for Tamil Nadu; making Chennai a world-class city

The World Bank said on Friday that its board of directors had approved a $ 150 million (roughly Rs 1,112 crore) program to support Tamil Nadu’s vision of making Chennai a greener, more livable, world-class city. and more resistant to climate change.

In addition, the World Bank has given the green light to a $ 40 million (approximately Rs 296 crore) project that will improve the quality of health services in Meghalaya and strengthen the state’s capacity to manage health emergencies, including the COVID-19 pandemic.

The $ 150 million “ Chennai City Partnership: Sustainable Urban Services Program ” will help strengthen institutions, improve the financial health of service agencies and significantly improve the quality of four key urban services – water supply and sanitation, mobility, health, and solid waste management, the World Bank said in a statement.

The Chennai metropolitan area, home to approximately 10.9 million people, is the fourth most populous metropolitan area in India.

Despite being an economic powerhouse, Chennai has not kept pace with the growing demand for key services, he said, adding that the coastal city also remains highly vulnerable to natural disasters, climate change and, as the COVID-19 emergency revealed, to pandemics.

Regarding the Meghalaya loan, the World Bank in a separate statement said that the 11 districts of the state will benefit from the project.

It will also benefit health sector staff at primary and secondary levels by strengthening their planning and management capacities and developing their clinical skills. The project will enable women to make better use of health services at the community level, he added.

“Under-five mortality in Meghalaya was 40 deaths per 1,000 live births in 2019-2020. Stunting among those under five was 47%, a marginal increase from the previous survey (2015-16). Some districts perform better than others and There are differences between rural and urban areas, with urban areas performing better in most health indicators, ”he said.

Meanwhile, noncommunicable diseases (including hypertension, diabetes, heart disease and cancer) account for more than half of the disease burden in the state, he said.

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Posted on: Friday October 01, 2021 9:17 PM IST


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