Question: The loan of $490 million signed between ADB and India is to upgrade the roads in which of the following states?
(a) Uttar Pradesh
(b) Andhra Pradesh
(c) Madhya Pradesh
(d) Punjab
Answer: (c)
Related facts:
(a) Uttar Pradesh
(b) Andhra Pradesh
(c) Madhya Pradesh
(d) Punjab
Answer: (c)
Related facts:
- On 20 December 2019,Asian Development Bank (ADB) and the Government of India signed a $490 million loan for public-private partnership (PPP) project to upgrade about 1,600 km of state highways and major district roads (MDRs) from single-lane to two-lane widths in the state of Madhya Pradesh.
- An additional $286 million investment will be mobilised through private sector participation under the PPP modality.
- The state highways and major district roads provide a crucial link between rural roads and national highways. The upgradation of these roads under the project will improve rural and peri-urban connectivity in the state and improve access to markets and better services.
- The project will upgrade 750 km of state highways and 850 km of MDRs to two-lane and all-weather standards with road safety features. It will also develop an e-maintenance system, which can record defects or required maintenance, along with a training program to develop capacity on contract implementation and project finance in the Madhya Pradesh Road Development Corporation.
- Since 2002, ADB has provided the state government with five loans to develop its road network, improving about 7,300 km of roads or about 11% of the total network.
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