States Current Affairs – 2018

India signs loan agreement with ADB to boost power generation capacity in Assam

India has signed loan agreement with Asian Development Bank (ADB) for 50 Million dollars to boost power generation capacity in Assam.

The loan agreement was signed for the second Assam power sector investment programme.

Key facts 

  • This programme aims to build up the capacity of power generation and distribution systems in state to meet the growing energy demand.
  • Loan funds are going to finance investments of the programme to augment and improve generation capacity in Assam for replacement of an inefficient generating plant and construction of new hydropower plant. This programme is expected to be completed by 31 December 2018.
  • Since 2003, ADB has supported Assam’s power sector with five loans totaling $450 million. These loan funds have helped the State enact key reforms and improve transmission and distribution systems.

Problems of Assam’s Power Sector

At present Assam is facing problem of power crunch. More than third of households in the State are facing daily electricity cuts for 5 to 6 hours. Many important businesses in state such as the tea gardens are not connected to the grid. In peak periods Assam has to buy up to 15% of its power from independent producers at very high cost.


Bihar Chief Minister Jitan Ram Manjhi resign

Chief Minister (CM) of Bihar Jitan Ram Manjhi has resigned. His resignation was accepted by Governor of Bihar Keshri Nath Tripathi.

He had resigned from office, before the trust vote he was to face in Bihar Legislature after the Governor address to the joint session.

Jitan Ram Manjhi was 23rd CM of Bihar, elected in May 2014 by the Janata Dal (United) Party legislators.

He was appointed as CM following the resignation of then CM Nitish Kumar, who had resigned from the post taking the responsibility of his party’s (JDU) dismal performance in the 2014 Lok Sabha polls.

About Jitan Ram Manjhi

  • Manjhi hails from Mahkar village in Gaya district. He is a legislator from the Makhdoompur assembly constituency in Jehanabad district.
  • He was the third Dalit CM of Bihar after Bhola Paswan Shastri and Ram Sundar Das.
  • Prior to his appointment as CM, Manjhi was SC/ST welfare minister in the Nitish Kumar cabinet.