Current Affairs - State - Discussion
Discussion Forum : State - Latest Current Affairs (Q.No. 4704)
4704.
Which bank is to provide loan to upgrade state highways and major district roads in Madhya Pradesh?
Answer: Option
Explanation:
The Asian Development Bank (ADB) and the Government of India signed a $490 million loan for public-private partnership (PPP) projects in the state of Madhya Pradesh. It was signed by Shri Sameer Kumar Khare, Additional Secretary of Fund Bank and ADB, Department of Economic Affairs, Ministry of Finance, and Mr. Kenichi Yokoyama, Country Director of ADB's India Resident Mission. It aims to upgrade about 1,600 km of state highways and major district roads.
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