World Bank to give $37.5 cr for National Waterway-1 on Ganga

Posted on:22 Apr 2017 18:28:01
World Bank to give $37.5 cr for National Waterway-1 on Ganga
22 April 2017 Current Affairs:

  • The World Bank has approved a loan of $375 million for capacity augmentation of National Waterway-1 (NW-1) on the river Ganga under the Jal Marg Vikas Project (JMVP).

  •  The  financial assistance from the World Bank would help to develop the Rs 5,369-crore NW-1 from Haldia to Varanasi.

  • The project will enable commercial navigation of vessels with capacity of 1,500-2,000 deadweight tonnes along a 1,390-km stretch.

  • NW-1 is a waterway of national significance passing through Uttar Pradesh, Bihar, Jharkhand and West Bengal, serving the cities of Allahabad, Varanasi, Ghazipur, Bhagalpur, Patna, Howrah, Haldia and Kolkata.



  • The World Bank has approved a loan of $375 million for capacity augmentation of National Waterway-1 (NW-1) on the river Ganga under the Jal Marg Vikas Project (JMVP).

  •  The  financial assistance from the World Bank would help to develop the Rs 5,369-crore NW-1 from Haldia to Varanasi.

  • The project will enable commercial navigation of vessels with capacity of 1,500-2,000 deadweight tonnes along a 1,390-km stretch.

  • NW-1 is a waterway of national significance passing through Uttar Pradesh, Bihar, Jharkhand and West Bengal, serving the cities of Allahabad, Varanasi, Ghazipur, Bhagalpur, Patna, Howrah, Haldia and Kolkata.


Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs Weekly PDF

Current Affairs Monthly PDF

Current Affairs Quiz

Current Affairs Monthly PDF Hindi

Currentt Affairs 2018 December

16 DECEMBER
NEWS
15 DECEMBER
NEWS
14 DECEMBER
NEWS
13 DECEMBER
NEWS

Currentt Affairs 2018 November

30 NOVEMBER
NEWS
29 NOVEMBER
NEWS
28 NOVEMBER
NEWS
27 NOVEMBER
NEWS

Currentt Affairs 2018 October

31 OCTOBER
NEWS
30 OCTOBER
NEWS
29 OCTOBER
NEWS
28 OCTOBER
NEWS