Orissa executing 10 EAPs worth Rs 5,900 cr

Image
BS Reporter Kolkata/ Bhubaneswar
Last Updated : Jan 21 2013 | 2:06 AM IST

The Orissa government is implementing 10 externally aided projects (EAPs) worth Rs 5,900 crore funded by World Bank, Asian Development Bank (ADB) and Japan International Cooperation Agency (JICA).

“At present, 10 EAPs with a total outlay of Rs 5,900 crore are under implementation in the state. The state has recorded good utilization of funds with respect to these projects for the last three years. The utilization was 93 per cent in 2009-10, 100 per cent in 2010-11 and this fiscal we have achieved 80 per cent till December-end. We are facing some problems for execution of road projects in selection of contractors but are trying to sort out these problems,” said the state Chief Secretary B K Patnaik.

“We are going to submit fresh project proposals to the World Bank and ADB for the 12th Plan under sectors like infrastructure, social sector and livelihood,” he added.

The chief secretary held a meeting with top officials of World Bank and ADB to review the status of EAPs.

Hubert Nove Josserand, operations adviser (India) said, “We are periodically reviewing the status of aided projects. There has been good progress of such projects.”

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 02 2012 | 12:42 AM IST

Next Story