You are here: Home » Current Affairs » News » National
Business Standard

ADB to give $200 mn to upgrade rural roads in 34 districts of Maharashtra

An agreement in this regard was signed between the government and the ADB, the agency said

ADB | Maharashtra expressway | roads

Press Trust of India  |  New Delhi 

road construction, roads

The Asian Development Bank (ADB) will provide $ 200 million (about Rs 1,400 crore) to upgrade rural to all-weather standards in 34 districts of Maharashtra with an aim to improve road safety and better connectivity with markets.

An agreement in this regard was signed between the government and the ADB, the multilateral agency said in a statement.

The project will improve the condition of about 2,100 kilometer of rural to all-weather standards, with climate resilience and safety features, connecting rural communities with productive agricultural areas and socio-economic centers, said Sabyasachi Mitra, Deputy Country Director of ADB's India Resident Mission.

Provision of contractual maintenance for five years following construction has also been provided under the project, he added.

Accompanying the loan is a technical assistance grant of USD 1 million for institutional strengthening of the Maharashtra Rural Development Association in areas such as road asset management, road safety, climate-resilient design and construction and web-based real-time project monitoring.

said road safety has been a growing concern, with the state accounting for over 8 per cent of all fatal road accidents in India.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, September 06 2019. 20:45 IST