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The Planning Commission has given its nod for a proposed loan of $5-bn from World Bank for India''s urban sector. For this, the bank is working on preparing a detailed concept note that indicates what should be the main components of the loan, a source said.

However, it is not clear which cities will benefit from the bank''s loan. but it''s believed that many of the 63 Mission cities under the Jawaharlal Nehru Urban Renewal Mission (JNNURM) will get a share of it. The government has also decided to add 28 more cities to the list. The source said that the loan could be disbursed in 12-18 months, said the official.

Once the World Bank comes out with a detailed note, the government will give inputs on how best the loan could be utilized, the source said. He also added that the cities, to whom the loan would be grant may be asked to follow a set of reform measures as it is done in case of cities taking grants from JNNURM funds.