December 2016 Current Affairs

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ADB approves $500 million loan for bridge over Ganga River in Bihar

ADB approves $500 million loan for bridge over Ganga River in Bihar
25 June 2016 Current Affairs: The Asian Development Bank (ADB) has approved a 500 million dollars loan to build a bridge across the Ganga River in Bihar. 

The loan funds will be used to build 9.8 km road bridge in Bihar on the Ganga River. On completion of the project it will be the India’s longest river bridge.

The new river bridge will provide a vital transport link between the northern and southern parts of the state and neighbouring Nepal. It will make it easier for people to move between jobs and markets, particularly for poorer communities in the north of Bihar to the south of the river.

 In all, the bridge is expected to benefit over nine million people as it is going to serve as an alternate route to the existing Ganga bridge, which has begun to deteriorate. The length and height of the bridge has been designed to minimize impacts on the river itself. 

The design parameters of the bridge will also ensure that it is able to withstand climate-related stresses such as a rise in the water level.

Asian Development Bank (ADB)  : ADB is multilateral lending agency based in Manila, Philippines. It is dedicated to reduce poverty in Asia and the Pacific region through inclusive economic growth, environmentally sustainable growth, and regional integration. It is collectively owned by 67 members – 48 from the region including India.


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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