Madhya Pradesh Current Affairs

Government inks $110 million loan agreement with ADB to upgrade rural roads in MP

Government has inked $110 million loan agreement with Asian Development Bank (ADB) to upgrade all-weather rural roads in Madhya Pradesh under Pradhan Mantri Gram Sadak Yojana (PMGSY). It is second tranche of $500 million Second Rural Connectivity Investment Programme for India approved by ADB in December 2017.

Rural Connectivity Investment Programme

The overall Second Rural Connectivity Investment Programme is aimed at improving rural connectivity, safe and efficient access to livelihood and socio-economic opportunities for communities in Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal. It plans to upgrade about 12,000 km rural roads across the five states. Tranche 1 loan of $250 million is currently under implementation upgrading over 6,000 km roads.

Key Facts

The Tranche 2 of the loan will provide continued assistance to PMGSY by upgrading rural roads in Madhya Pradesh. This will support the government’s long term goal to achieve inclusive economic growth in rural India. It will also improve mobility for self-employment and livelihood opportunities in rural areas by improving access to district centres. It will also support government’s drive for innovative approaches to reduce costs, conserve non-renewable natural resources and promote use of waste materials in rural road construction.

Asian Development Bank (ADB)

ADB is multilateral lending agency based in Manila, Philippines. It was established on 19 December 1966. It aims to reduce poverty in Asia and the Pacific region through inclusive environmentally sustainable growth, and regional integration. It provides finance to both sovereign countries as well as to private parties. It provides hard loans to middle-income countries and soft loans to poorer countries.

ADB has 67 members – 48 from Asia-Pacific region including India and is collectively owned by these 67 members. The non-Asia Pacific region members are only developed countries. Most of ADB’s lending is concentrated in 5 operational areas viz. Education; Environment, Climate Change & Disaster Management, Finance Sector Development, Regional Cooperation & Integration, and Private sector lending.

Month: Categories: India Current Affairs 2018

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Government nod to establishment of National Institute of Mental Health Rehabilitation in Sehore

The Union Cabinet has remodified its earlier decision to establish of National Institute of Mental Health Rehabilitation (NIMHR) in Sehore District (Bhopal-Sehore highway) instead of Bhopal, Madhya Pradesh. NIMHR will be the first of its kind in the country in the area of mental health rehabilitation.

NIMHR

It will be established as society under Societies Registration Act, 1860. It will function under Department of Empowerment of Persons with Disabilities. Its objective is to provide rehabilitation services to persons with mental illness, capacity development in field of mental health rehabilitation, policy framing and advanced research in mental health rehabilitation. It will have nine departments and centres and will conduct 12 courses to offer diploma, certificate, graduate, post graduate, M.Phil degrees in field of mental health rehabilitation.

Benefits: It will serve as institution of excellence for capacity building in human resource and research in area of mental health rehabilitation. It will be also recommending body suggesting models and protocols for effective rehabilitation of persons with mental illness.

Month: Categories: India Current Affairs 2018

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