The Asian Development Bank and the Government of India signed an agreement for financing road up-gradation project in Sikkim. ADB will give a $2.5 million project readiness financing (PRF) loan to support projects related to upgradation of major district roads in Sikkim. It will improve the connectivity and also boost the economic activities in the state. The project readiness nancing (PRF) will help in connecting the major district and other roads with the national and state highway network.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
In 2011, the ADB-funded North Eastern State Roads Investment Program was launched to improve road connectivity in Sikkim. The state agencies will prepare detailed engineering designs of selected sub-projects and do feasibility studies. Sikkim’s road network requires regular up-gradation due to frequent landslides and erosion.
Important takeaways for all competitive exams:
The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026 has received parliamentary approval after…
The Centre has informed the Supreme Court of India that the concept of ‘creamy layer’…
Delhi Vidya Vahini Scheme 2026 is a initiative by the government of Delhi that focuses…
Quit India Movement Day in 2026 is observe on August 8th as a tribute to…
National News Har Ghar Tiranga 2026: Campaign Launched by Gajendra Singh Shekhawat The Har Ghar…
The establishment of British control over India was a long process which resulted in making…