2800 km rural roads of Madhya Pradesh to be upgraded
Saturday - October 6, 2018 1:38 am , Category : MADHYA PRADESH
India and ADB sign $110 million loan agreement
Bhopal: About 2800 kilometre all-weather rural roads of Madhya Pradesh will be upgraded under the Pradhan Mantri Gramin Sadak Yojana. Government of India and Asian Development Bank (ADB) today signed a $100 million loan deal at New Delhi to finance the upgradation work. Additional Secretary, Department of Economic Affairs in the Ministry of Finance Sameer Kumar Khare and Country Director of ADB in India Kenichi Yokoyama signed the deal under the Second Rural Connectivity Investment Programme.
Khare told that ADB has given approval of $500 million under Rural Connectivity Investment Programme for India in December 2017. This is the second installment of the loan amount of the project. The first installment of $200 million is being used to upgrade 600 km long rural roads in five states connected to the project. The second installment of the project will provide continued assistance to the PMGSY by upgrading rural roads in Madhya Pradesh that will support the Government’s long term goal to achieve inclusive economic growth in rural India.
Yokoyama said that the loan amount will increase self-employment and livelihood opportunities in rural areas. The project will give pace to the efforts being made by the government to reduce costs, conserve non-renewable natural resources and promote use of waste material in construction of rural roads.
As Madhya Pradesh has faced excess rainfall and natural calamity at times, roads are designed taking into account the risks related to climatic changes. Measures like greater elevation of roads and slope protection is ensured. Women also have been included in the discussion of road project design. This will give socio-economic benefits to the rural people along with better approach to health services, livelihood and schools.
The objective of the Rural Connectivity Investment Programme is to improve 12000 kilometre long rural roads in Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal and facilitate safe access to livelihood.-Window To News
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