ADB, India ink $200 million loan agreement for Jharkhand roads

The Indian government and the Asian Development Bank (ADB) have signed an agreement for a $200 million loan to upgrade 176-km roads in Jharkhand. The financing agreement for the Jharkhand State Roads II Project will help upgrade the existing sections of four state roads and also support improvements in the design, safety and maintenance of the road network. 

The new assistance will continue the ongoing physical upgrades as well as increasing the institutional capacity of the State Highways Authority of Jharkhand (SHAJ) as an autonomous road development agency.The project features include 60 bus stop shelters, 50-km raised sidewalks in urban areas, four-km dedicated bicycle lanes and solar-powered street lights.

So let’s discuss some questions related to this post :
1. India and ADB have signed an agreement for a $200 million loan for the roads of which states ?
2. Name the the autonomous road development agency which is working on the 2nd  project of Jharkhand State ?

Courtesy : Business Standard


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