In October 2007, the Asian Development Bank (ADB) approved a $273 million multitranche financing facility (MFF) for the Rajasthan Urban Sector Development Investment Program. The MFF or investment program was designed to improve the urban environment; promote ongoing reforms for sustainable, efficient, and responsive urban service delivery; and close the development gap in the state through in
The project appraisal in 2010 saw the North–South Economic Corridor (NSEC), which connects Greater Mekong Subregion countries and southeastern People’s Republic of China (PRC), as a dynamic area of development. Its eastern branch, which links Kunming and Nanning in the PRC to Ha Noi and northern Viet Nam, was experiencing rapid growth due to increasing investments, cross-border trade, and flow
Urbanization in Bangladesh had been increasing at a rate of 6% per year since 1971. As of 2005, an estimated 38 million people or 27% of the total population lived in urban areas. Despite significant progress in poverty reduction, 37% of the urban population were below the poverty line in the 1990s.
At 24% in 2001, the urbanization level in Rajasthan in northwestern India was lower than the national average. However, slums were emerging fast and by then were already home to more than 20% of the urban population. The growth in slums and slum populations hastened the deterioration of the urban environment.