Srinagar to spend Rs 1,255 cr on road infrastructure
A huge sum of about Rs. 1,255 crore has been sanctioned to spend on the road infrastructure/roads and buildings (R&B) sector by the state government.
This decision was made under various Central government and state-sponsored schemes and district plans this year.
As per the reports, the sum amount allotted for the development and construction comes around Rs 754.11 crore. Various bridges in the state have been financed by the National Bank for Agriculture and Rural Development (NABARD) with a sum of about Rs 273.37 crore.
Also the Union Ministry of Rural Development has authorised funds to the tune of Rs 248.32 crore to the state for road connectivity in remote villages under the Pradhan Mantri Gram Sadak Yojna (PMGSY).
Central government, Development, district, National Bank for Agriculture and Rural Development (NABARD), road infrastructure, roads and buildings (R&B) sector, Rural Development, State government, Union ministry, Union Ministry of Rural Development
