The Export-Import Bank of India (Exim Bank) will provide USD 400 million to the Maldives through Line of Credit (LoC) to fund the Greater Male Connectivity Project. The agreement under the LoC will be effective from January 28, 2021.
WARRIOR 5.0 Batch for SBI, RRB, RBI and IBPS Exams Banking Awareness Online Coaching | Bilingual
The 6.7 km Greater Male Connectivity Project (GMCP) will be the largest civilian infrastructure project in the Maldives, connecting Male with three neighbouring islands – Villingili, Gulhifahu and Thilafushi. The Government of India will be funding the implementation of a major connectivity project in the Maldives through a USD 400 million lines of credit and USD 100 million grant.
Important takeaways for all competitive exams:
Shaikh Abdussalam Abdurrazzaq, the renowned Urdu litterateur and academician, popularly known by his pseudonym Salam…
In recent years, India has witnessed a significant surge in its honey production, emerging as…
Amidst the aftermath of ethnic strife and severe hailstorms, Manipur's government introduces the "School on…
Subodh Kumar (IAS), a 2010-batch Indian Administrative Service officer of Tamil Nadu cadre, has been…
In a groundbreaking discovery detailed in Frontiers in Marine Science, researchers have revealed the Taam…
The Indian Army's Kharga Corps, under the aegis of the Army's Western Command, successfully conducted…