Current Affairs Agreements

Centre, ADB Sign 200 Million Dollar Loan Pact To Upgrade State Highways In Bihar

Category : Agreements

 The Centre and Asian Development Bank (ADB) has signed a 200 million dollar loanagreement to finance widening and upgrading of about 230 Kilometers State Highways in Bihar to all-weather standards with road safety features. The agreement was signed by Additional Secretary in the Finance Ministry Sameer Kumar Khare and Officer-in-Charge of ADB’s India Resident Mission, Rajeev P Singh in New Delhi. Mr. Khare stated 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.
Source- The Money Control


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