<span style="color: #222222;">The Centre and&nbsp; Asian Development Bank (ADB) on Monday signed a 200 million dollar loan agreement to finance widening and upgrading of about 230 Kilometers State Highways in Bihar to all-weather standards with road safety features.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">According to an official release, the agreement was signed by Additional Secretary in the Finance Ministry Sameer Kumar Khare and&nbsp; Officer-in-Charge of ADB's India Resident Mission, Rajeev P. Singh in New Delhi.&nbsp; Mr. Khare said that this loan will help the State government to upgrade all State Highways to meet the minimum two-lane standard with better surfaces and improved road safety.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">He said, the improved roads will contribute to savings in vehicle operating cost and travel time and improve road safety.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">Under the&nbsp; Bihar State Highways-3 Project, a State-level Road Research Institute will also be established to improve the technical and management capacity of the Road Agency Staff.&nbsp;</span><br />
News On AIR | November 26, 2018 8:03 PM
Centre, ADB sign 200 million dollar loan pact to upgrade state highways in Bihar