World Bank has signed a loan agreement with the Government of India and the Government of Assam for funding Rs 630Cr modernization of water transport project in the state. The project will support the Government of Assam’s efforts to corporatize its own ferry activities. The Assam Shipping Company (ASC) will operate the government ferries and the Assam Ports Company (APC) ...
Tag Archives: Assam
New Loan from ADB
The Asian Development Bank (ADB) has approved a new $800m loan as part of a $1.2bn programme to help to improve safety and connectivity on India’s roads. The funding aims to connect villages in Assam, Chhattisgarh, Madhya Pradesh, Orissa, and West Bengal states with all-weather roads by the end of 2017. ADB will set up six rural road network management ...