Regional News

Maharashtra gets $200 million loan from Asian Development Bank to build rural roads

The government has signed a $200 million loan agreement with the Asian Development Bank (ADB) and to “upgrade” rural roads to all-weather standards in 34 districts of Maharashtra, the finance ministry said.

“The project will improve the condition of about 2,100 kilometers of rural roads to all-weather standards, with climate resilience and safety features, connecting rural communities with productive agricultural areas and socioeconomic centers,” it said in a statement quoting Sabyasachi Mitra, deputy country director, ADB -India Resident Mission.

While Mitra signed the agreement on behalf of ADB, Sameer Kumar Khare, additional secretary, the department of economic affairs (DEA) signed for the union government.

“Improving rural connectivity is one of the key priorities of the Government of India, which will help enhance rural livelihoods and alleviate poverty among remote rural communities in project districts,” said Khare after signing the loan agreement.

“Enhanced road connectivity and better access to markets will help the farmers increase agricultural productivity and incomes,” he said.

Provision of contractual maintenance for 5 years following construction has also been provided under the project, Mitra said.

Maharashtra has an extensive road network, with rural roads making up two thirds of the network. More than half of these rural roads are, however, unsealed, making them unsuitable for motorised traffic and impassable during the rainy season. Road safety has been a growing concern with the state accounting for over 8% of all fatal road accidents in India, the statement said.

Accompanying the loan is a technical assistance grant of $1 million for institutional strengthening of the Maharashtra Rural Road Development Association (MRRDA) in areas such as road asset management, road safety, climate-resilient design and construction and web-based real-time project monitoring, it said.

Outreach for road users will be carried out in the state to build awareness of road safety, gender issues, including human trafficking, and enhancing women’s road construction and maintenance skills, it added.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty, the statement said.

Established in 1966, the bank is owned by 68 members. In 2018, it made commitments of new loans and grants amounting to $21.6 billion.

36 Comments

36 Comments

  1. Pingback: press release distribution of press release

  2. Pingback: buckingham taxi service

  3. Pingback: dragon pharma.net reviews

  4. Pingback: Tess ter Horst

  5. Pingback: Dumps with pin Good Balance - Visit to my store to buy dump with pin

  6. Pingback: 바카라사이트

  7. Pingback: Personalmanagement Pflege

  8. Pingback: 7lab pharma

  9. Pingback: huong dan dang ky 12bet

  10. Pingback: Coolsculpting

  11. Pingback: w88

  12. Pingback: Small child

  13. Pingback: Dumps With Pin 2020

  14. Pingback: immediate edge reviews

  15. Pingback: 안전놀이터

  16. Pingback: robotic process automation in testing

  17. Pingback: DevSecOps

  18. Pingback: replicas rolex usa

  19. Pingback: LG F14A8YD5 manuals

  20. Pingback: sex selection jelly

  21. Pingback: service virtualization

  22. Pingback: Peter Comisar Disgraced Ex Goldman Sachs Banker Sued By Scooter Braun For Fraud.

  23. Pingback: press here

  24. Pingback: Glo Extracts Mazar Kush

  25. Pingback: How Writing About Emotions May Ease Stress

  26. Pingback: บาคาร่า ขั้นต่ำ 5 บาท

  27. Pingback: best dumps shop

  28. Pingback: nova88

  29. Pingback: maxbet

  30. Pingback: เงินด่วน

  31. Pingback: sportsbet io giriş

  32. Pingback: Porn

  33. Pingback: sbo

  34. Pingback: best way to make passive income

  35. Pingback: DevOps Solutions

Leave a Reply

Your email address will not be published.

4 × one =

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

Address:
D 601  Riddhi Sidhi CHSL
Unnant Nagar Road 2
Kamaraj Nagar, Goreagaon West
Mumbai 400062 .

Email Id: [email protected]

West Bengal

Eastern Regional Office
Indsamachar Digital Media
Siddha Gibson 1,
Gibson Lane, 1st floor, R. No. 114,
Kolkata – 700069.
West Bengal.

Office Address

251 B-Wing,First Floor,
Orchard Corporate Park, Royal Palms,
Arey Road, Goreagon East,
Mumbai – 400065.

Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us