Government inks $250 Million Loan Agreement with ADB to Improve Rural Connectivity in 5 States

The Union Government has inked $250 Million Loan Agreement with Asian Development Bank (ADB) to Improve Rural Connectivity in 5 States viz. Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal under Pradhan Mantri Gram Sadak Yojana (PMGSY). The loan proceeds will be used to finance the construction of 6,254 kilometres all-weather rural roads in these ..

Month: Current Affairs - January, 2018

Topics: ADB • Chhattisgarh • National • Odisha • Pradhan Mantri Gram Sadak Yojana • Rural Connectivity Investment Program for India • Rural Development

Government inks $100 Million loan agreement for Project to Boost Rural Economy of Tamil Nadu

The Union Government has inked $100 million Loan Agreement with World Bank for Project to Boost Rural Economy of Tamil Nadu. The loan is from the International Bank for Reconstruction and Development (IBRD) and has a 5-year grace period and maturity of 19 years. Tamil Nadu Rural Transformation Project The project aims to promote rural ..

Month: Current Affairs - January, 2018

Topics: IBRD • National • Rural Development • Rural Transformation Project • Tamil Nadu • TNPSC • World Bank

India becomes third largest producer of crude steel

According to recent report published by World Steel Association (WSA), India has overtaken US to become the world’s third largest steel producer in 2017. India’s crude steel production has grown by 6.2% to 101.4 million tonnes (MT) in 2017 compared to 95.5 MT in the previous year. Key Facts China has remained world leader by ..

Month: Current Affairs - January, 2018

Topics: China • India • Japan • Steel sector • US • World Steel Association

President Ram Nath Kovind pitches for simultaneous elections

President Ram Nath Kovind has called for simultaneous elections to Lok Sabha and state assemblies. He made this state while addressing the joint sitting of Parliament on the commencement of the Budget Session. He made this statement arguing that frequent elections impede speed of development as officials have to assist in conducting polls. He called ..

Month: Current Affairs - January, 2018

Topics: Lok Sabha • National • Ram Nath Kovind • simultaneous elections • State Assembly Elections

Hicky's Bengal Gazette: 238th anniversary of India's first newspaper celebrated

Journalists and social activists celebrated 238th anniversary of India’s first newspaper the Hicky’s Bengal Gazette. 29 January is also celebrated Hicky’s Day to pay tributes to the fighter-journalist James Augustus Hicky who is considered as founder of journalism in India. Hicky’s Bengal Gazette Hicky’s Bengal Gazette (Original Calcutta General Advertiser) was an English language weekly ..

Month: Current Affairs - January, 2018

Topics: Celebrations • Days and Events • Hicky's Bengal Gazette • Hicky's Day • India's first newspaper • James Augustus Hicky • Journalism • Observances