The Centre and Asian Development Bank, ADB today signed a 220 million dollar loan for improving connectivity as well as transport efficiency and safety on State Highways of Rajasthan. The loan is the first tranche of the 500 million dollar Rajasthan State Highways Investment Program, approved by ADB Board in May this year. An official release said, the first tranche loan will improve about one thousand kilometers of State Highways and major district roads. Speaking on the occasion, Joint Secretary in the Finance Ministry Raj Kumar said, the project will help improve State Highways and major district roads in Rajasthan. He said, it will also enhance the capacity of the State public works department in the areas of road asset management, road safety and project management.
News On AIR | July 3, 2017 8:36 PM
Centre, Asian Development Bank sign 220 million dollar loan<br/>