Nilaya Mitash
The Government of India has signed a $125 million loan agreement with Asian Development Bank (ADB). The amount would be utilized for upgrading of roads in North Eastern states.’ The North Eastern States Roads Investment Program’, as it is known, is designed to reconstruct roads in the North Eastern states of Assam, Manipur, Mizoram, Tripura, Meghalaya, and Sikkim, thereby cutting [...] Continue Reading »
The World Bank and the government of India signed a loan pact on Wednesday as per which USD 175 million will be provided by the multi-lateral lending institution to fund a second highways project in the state of Gujarat. As per a Finance Ministry release, “The loan agreement for World Bank (IBRD) assistance of USD 175 million for second [...] Continue Reading »
