road construction Current Affairs, GK & News

India and ADB sign 177 million USD to upgrade Maharashtra State Highways

On May 28, 2020, the Government of India and the Asian Development Bank signed an agreement to construct state highways in Maharashtra. Highlights The funds received from the bank are to be used by the State Government of Maharashtra to improve road projects. The projects will be used to increase connectivity between urban and rural ..

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Phase III of Pradhan Mantri Gram Sadak Yojana launched

On December 18, 2019, Union Minister of Rural Development, Agriculture and Farmers Welfare, Shri Narendra Singh Tomar launched the third phase of Pradhan Mantri Gram Sadak Yojana. Highlights The third phase aims at consolidation of 1,25,000 km of connectivity that primarily aiming at rural links connecting Gramin Agricultural Markets. The funding pattern is set between ..

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India ADB sign 190 million USD loan

On 12 October, 2019, the GoI signed a 190 million USD loan with the Asian Development Bank (ADB) to upgrade road transport in the state of Rajasthan. The project includes upgrading of 754 km of state highways, major district roads to two lane. The project will benefit 26 million people in 14 districts of Rajasthan. ..

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