Fadnavis urges ADB to speed up financial aid for devt works

Maharashtra Chief Minister Devendra Fadnavis Wednesday urged the Asian Development Bank (ADB) to speed up the financial assistance process for road development projects in the state.

Fadnavis held a meeting here with the ADB officers regarding different projects in the state. Presentation on the projects for which the ADB is providing financial assistance was made during the meeting.

The projects include those under Hybrid Annuity Model (HAM), Mukhyamantri Gram Sadak Yojana and high voltage power distribution system for agriculture pumps in the state.

Fadnavis appealed to the ADB officers to expedite the process and directed the departments concerned to start the works on these projects.

Director of ADB in India Kenechi Yokoyama, Deputy Director Sabyascahi Mitra, Senior Village Development expert Li Ming Tai, Energy Department expert Lin George and others were present for the meeting.

"Road development and power supply for agriculture pumps are most important projects for development of states rural areas. Therefore, to complete these projects in a time bound manner, the ADB should expedite financial assistance to these projects."