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Our Bureau

Chennai, Nov. 24

Federal Republic of Germany has committed to lend about Rs 440 crore (77 million) towards urban development infrastructure in Tamil Nadu, according to a press release. Under the framework of financial cooperation, the proposed amount would be utilised by the Tamil Nadu Urban Development Fund to improve living and environment related conditions besides financially enabling urban local bodies to access the Indian capital market, the release said.

More Stories on : Urban Development | Tamil Nadu

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German aid for urban development

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