India to develop regional connectivity projects worth $5 billion in South Asia


Posted on:11 May 2016 14:33:44

India to develop regional connectivity projects worth $5 billion in South Asia
11 May 2016 Current Affairs: India is planning to develop regional connectivity projects worth $5 billion in South Asia. The projects include road corridors connecting India with Bangladesh, Nepal and Bhutan through West Bengal and India-Myanmar through Manipur.

As per Economic Affairs Secretary Shaktikanta Das, India is also assisting the countries with power projects. In the South Asia Sub-regional Economic Cooperation (SASEC) 2025 workshop, he also stated that India is also planning to establish Integrated Customs Ports (ICPs) and improved Land Customs Stations (LCS) at key border points with Bangladesh, Nepal and Bhutan to ease the movement of goods and people within the sub-region. 

The South Asia Sub-regional Economic Cooperation (SASEC) Program brings together Bangladesh, Bhutan, India, the Maldives, Nepal, and Sri Lanka and is supported by the Asian Development Bank (ADB).


Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs June 2017

29 JUNE
NEWS
28 JUNE
NEWS
27 JUNE
NEWS
26 JUNE
NEWS

Current Affairs May 2017

31 MAY
NEWS
30 MAY
NEWS
29 MAY
NEWS
27 MAY
NEWS

Current Affairs April 2017

29 APRIL
NEWS
28 APRIL
NEWS
27 APRIL
NEWS
26 APRIL
NEWS