Page-2 of Pradhan Mantri Gram Sadak Yojana
PMGSY and Rural Employment: World Bank Study
On 10th July, the Cabinet Committee on Economic Affairs (CCEA) headed by the Prime Minister (PM) Narendra Modi has approved the third phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY-III). PMGSY-III PMGSY-III focuses on the consolidation of 1.25-lakh km ..
CCEA approves 3rd phase of PMGSY
Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi has approved 3rd phase of Pradhan Mantri Gram Sadak Yojana (PMGSY) to consolidate 1,25,000 km of roads in the states. Key Features of PMGSY-III Scheme The 3rd ..
Month: Current Affairs - July, 2019
Interim Budget 2019: Highlights
The highlights of the Interim Budget 2019 presented by the Finance Minister are listed below: 6,000 rupees yearly direct support to farmers through PM-KISAN Programme. Pension of 3,000 rupees for unorganised sector workers earning up to 15,000 rupees through a ..
Month: Current Affairs - February, 2019
Government inks $110 million loan agreement with ADB to upgrade rural roads in MP
Government has inked $110 million loan agreement with Asian Development Bank (ADB) to upgrade all-weather rural roads in Madhya Pradesh under Pradhan Mantri Gram Sadak Yojana (PMGSY). It is second tranche of $500 million Second Rural Connectivity Investment Programme for India ..
Month: Current Affairs - October, 2018
CCEA approves continuation of Pradhan Mantri Gram Sadak Yojana
Cabinet Committee on Economic Affairs (CCEA) has approved continuation of Pradhan Mantri Gram Sadak Yojana (PMGSY) beyond 12th Five Year Plan period ((2012–2017)). It will help in connecting 38,412 habitations at estimated cost of Rs. 84,934 crore. For this, fund ..
Month: Current Affairs - August, 2018
Pradhan Mantri Gram Sadak Yojana: Government inks $500 million loan agreement with World Bank
Government (Union Finance Ministry) has signed US $500 million (Rs 3,371 crore) loan agreement with World Bank to provide additional financing for Pradhan Mantri Gram Sadak Yojana (PMGSY) rural road projects. The loan has maturity of 10 years along with ..
Month: Current Affairs - June, 2018
India signs loan agreement with World Bank to provide additional financing for Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads Project
On May 31, the Government of India (GoI) and the World Bank (WB) have signed a $500 million loan agreement to provide additional financing for the Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads Project. The project will be implemented ..
India signs loan agreement with ADB for construction rural roads in five states
The Government of India (GoI) and the Asian Development Bank (ADB) have signed a $250 million loan agreement for the construction of over 6,200 kilometres all-weather rural roads in Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal under the Pradhan ..
Government inks $250 Million Loan Agreement with ADB to Improve Rural Connectivity in 5 States
The Union Government has inked $250 Million Loan Agreement with Asian Development Bank (ADB) to Improve Rural Connectivity in 5 States viz. Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal under Pradhan Mantri Gram Sadak Yojana (PMGSY). The loan proceeds ..
Month: Current Affairs - January, 2018
2019 new deadline for completion of PMGSY
Union Government has reduced the deadline for completion of flagship Pradhan Mantri Gram Sadak Yojana (PMGSY) for rural connectivity through all- weather roads from 2022 to 2019. The annual allocation of the Central release for PMGSY works during year 2015-16 ..