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ADB, India ink $200 million loan agreement for Jharkhand roads

ADB, India ink $200 million loan agreement for Jharkhand roads
04 June 2016 Current Affairs: The Indian government and the Asian Development Bank (ADB) on 3 June 2016 inked an agreement for a $200 million loan to upgrade 176-km roads in Jharkhand.

The financing for the Jharkhand State Roads II Project will help upgrade the existing sections of four state roads and also support improvements in the design, safety and maintenance of the road network.

The project will also develop a road safety master plan of international standard, which will promote road safety in Jharkhand.

The new assistance will continue the ongoing physical upgrades as well as increasing the institutional capacity of the State Highways Authority of Jharkhand (SHAJ) as an autonomous road development agency.

The safety and environmental friendly features include 60 bus stop shelters, 50-km raised sidewalks in urban areas, four-km dedicated bicycle lanes and solar-powered street lights.


March 2017 Current affairs
23 MAR
NEWS
22 MAR
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21 MAR
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20 MAR
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18 MAR
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17 MAR
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February 2017 Current affairs
28 FEB
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27 FEB
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25 FEB
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24 FEB
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23 FEB
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22 FEB
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January 2017 Current affairs
31 JAN
NEWS
30 JAN
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28 JAN
NEWS
27 JAN
NEWS
25 JAN
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24 JAN
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December 2016 Current affairs
31 DEC
NEWS
30 DEC
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29 DEC
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28 DEC
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27 DEC
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26 DEC
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November 2016 Current affairs
30 NOV
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29 NOV
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28 NOV
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26 NOV
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25 NOV
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24 NOV
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