Interim Budget 2019: Highlights

The highlights of the Interim Budget 2019 presented by the Finance Minister are listed below: 6,000 rupees yearly direct support to farmers through PM-KISAN Programme. Pension of 3,000 rupees for unorganised sector workers earning up to 15,000 rupees through a ..

Month: Current Affairs - February, 2019

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 ..

Month: Current Affairs - October, 2018

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 ..

Month: Current Affairs - August, 2018

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 ..

Month: Current Affairs - June, 2018

India signs loan agreement with World Bank to provide additional financing for Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads Project

On May 31, the Government of India (GoI) and the World Bank (WB) have signed a $500 million loan agreement to provide additional financing for the Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads Project. The project will be implemented ..

India signs loan agreement with ADB for construction rural roads in five states

The Government of India (GoI) and the Asian Development Bank (ADB) have signed a $250 million loan agreement for the construction of over 6,200 kilometres all-weather rural roads in Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal under the Pradhan ..