ADB approves Rs 967 Crore road projects in Phailin hit area in Odisha
The Asian Development Bank (ADB) has approved Rs 966.75 crore for 484 new road projects to be implemented across 14 districts of Odisha hit by tropical cyclone Phailin and the subsequent floods. A total road network of 1790.37 Kms will be re-established by utilizing the funds from the bank.
ADB has approved the assistance under the third tranche of Pradhan Mantri Grameen Sadak Yojana (PMGSY) for 2013-14, as per a written reply to the assembly by rural development minister Bikram Keshari Arukh.
“The state government had submitted a proposal to the Centre for improvement of 3,076.62 km of roads, seeking assistance of Rs 1,412.01 crore. The work is to be taken up in regions affected by severe cyclone Phailin and floods in its aftermath,” the minister said in the reply.
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