Rural Connectivity Current Affairs - 2019

Category Wise PDF Compilations available at This Link

India, ADB sign $200-million loan agreement for upgrading rural roads in Maharashtra

India and Asian Development Bank (ADB) signed 200-million dollar loan agreement for upgrading rural roads in 34 districts of Maharashtra with the objective of improving road safety and better connecting rural areas with markets and services. The agreement was signed between Sameer Kumar Khare, Additional Secretary, Department of Economic Affairs (DEA) in Union Ministry of Read More…

Month:  Categories: Business, Economy & BankingStates

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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 Read More…

Month:  Categories: Business, Economy & Banking

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CCEA approves continuation of Pradhan Mantri Gram Sadak Yojana

Cabinet Committee on Economic Affairs (CCEA) has approved continuation of Pradhan Mantri Gram Sadak Yojana (PMGSY) beyond 12th Five Year Plan period ((2012–2017)). It will help in connecting 38,412 habitations at estimated cost of Rs. 84,934 crore. For this, fund sharing pattern between centre and states will be same (Thus, central government share will be Read More…

Month:  Categories: Government Schemes & Projects

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Pradhan Mantri Gram Sadak Yojana: Government inks $500 million loan agreement with World Bank

Government (Union Finance Ministry) has signed US $500 million (Rs 3,371 crore) loan agreement with World Bank to provide additional financing for Pradhan Mantri Gram Sadak Yojana (PMGSY) rural road projects. The loan has maturity of 10 years along with 3 year grace period. It will provide additional financing for PMGSY Rural Roads Project to Read More…

Month:  Categories: Government Schemes & Projects

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Government inks $210 million loan agreement with World Bank for Madhya Pradesh Rural Connectivity Project

The Union Government, Madhya Pradesh Government and World Bank have signed $210 million loan agreement for Madhya Pradesh Rural Connectivity Project. The Project aims to improve durability, resilience and safety of gravel surfaced rural roads and enhance capacity of state to manage its rural roads network. Madhya Pradesh Rural Connectivity Project The project will cover Read More…

Month:  Categories: Business, Economy & Banking

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