Search Result for : Road Connectivity Investment Program

20 lakh houses will be built for the poor, said Chouhan

Neha Dewan  It was a full house listening with rapt attention as Shivraj Singh Chouhan, Chief Minister of Madhya Pradesh, addressed the gathering at CII’s Annual Session 2017. Chouhan spoke on Madhya Pradesh’s transformational journey, illustrating how the state had come a long way to evolve into one which now has 7 cities under the National Smart Cities Mission owing to the progressive policies adopted by the state. The state, he said, has improved power and road connectivity. “We are now a power surplus state. There have been miracles in water resources as well. 11 years back, irrigated land was 7.5 hectares but now it has increased to 40 lakh hectares! Irrigation projects which would take decades for completion earlier are now finishing ...

India signs loan pact with a leading Bank to improve NE region roads

 The Dollar Business Bureau The Government of India (GoI), on Thursday, entered into a loan agreement with the Asia Development Bank (ADB) for improving domestic and regional trade along the North Bengal (NB)-North Eastern (NE) Region. The loan, being the first move under a $500 million multi-tranche South Asian Sub-regional Economic Cooperation (SASEC) Road Connectivity Investment Program, aims at constructing roads covering 500 kms along the NB-NE region. Speaking on the occasion, Tarun Bajaj, Joint Secretary, Department of Economic Affairs, Ministry of Finance, GoI, said, that ‘besides the road connectivity, the project will also improve  the efficiency of international trade corridors by expanding roads in the region.’ The investment on the ‘last mile’ connectivity will also help in achieving the ...