ADB to provide loan for Road Improvements in Maharashtra

Published on October 21, 2020
Current Context: Asian Development Bank (ADB) and Government of India has signed a loan agreement with an aim to improve roads in Maharashtra state.
ADB to provide loan for Road Improvements in Maharashtra
  • The loan agreement of $177 million is signed between them. 
  • This loan amount will be used to upgrade 450km of highways and major district roads in Maharashtra.
  • This project will improve transport roads connectivity between rural and urban areas of Maharashtra. 
  • The improved road connectivity will help to provide better transport access to markets, will increase employment opportunities and other services in the state.
  • Also, there will be increase in road safety measures as the project will be developing road safety audit framework.
  • Under this upgradation of roads in Maharashtra, two major district roads and 11 state highways , with a combined length of 450 km will be upgraded. 
  • Under this project, the road maintenance system will be updated on the basis of 5 year performance-based maintenance contracts. 
  • Static Part: 
    • HQ of ADB: Mandaluyong, Philippines
    • President of ADB: Masatsugu Asakawa
    • CM of Maharashtra: Uddhav Thackeray
    • Governor of Maharashtra: Bhagat Singh Koshyari
    • National Parks and Wild Life Sanctuaries in Maharashtra: Tadoba NP, Sanjay Gandhi NP, Chandoli NP, Gugamal NP, Navegaon NP, Bhimashankar WLS, Bhamragarh WLS, Malvan Marine Sanctuary, Karnala Bird Sanctuary, Phansad Bird Sanctuary, Dajipur WLS, Sagareshwar Deer Sanctuary, Nagzira WLS

Question: 

Q.1 Asian Development Bank and GOI signed loan agreement of $177 million for which of the following purpose? 
a. To build houses for poor in Maharashtra
b. To disburse loan amount Maharashtra state farmers
c. Improve online education facility in Maharashtra
d. Improvement of highways and district roads in Maharashtra

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