Question: Recently the Asian Development Bank (ADB) had approved a $500 million loan for India to build a bridge across which of the following river of India?
(a) Yamuna
(b) Ganga
(c) Godavari
(d) Kaveri
Ans:(b)
Related facts:
- On 24 June 2016 the Asian Development Bank (ADB) approved a $500 million loan to build a bridge across India’s Ganges River.
- The 9.8 kilometre (km) road bridge in the north-eastern state of Bihar will be India’s longest river bridge.
- It will provide vital transport links between the northern and southern parts of the state and with neighbouring Nepal.
- The new bridge will make it easier for people to move between jobs and markets, particularly for poorer communities in the north wishing to travel to the state capital, Patna, just south of the river.
- The new Ganga Bridge, to be located near Patna, will span both channels of the Ganges River and serve as an alternate route to the existing Ganga Bridge, which has begun to deteriorate.
- The bridge, using state-of-the-art engineering techniques, will be the first of its kind in India.
- Along with ADB’s loan and $900,000 in technical assistance to improve bridge operation and management, the state government of Bihar will provide support equivalent to $215 million.
- The project will run for about 4 years with an expected completion date of the end of December 2020.
- ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration.
- It was established in 1966, ADB in December 2016 will mark 50 years of development partnership in the region.
- It is owned by 67 members—48 from the region. In 2015, ADB assistance totalled $27.2 billion, including co financing of $10.7 billion
Reference:
http://www.adb.org/news/500-million-adb-loan-help-india-build-its-longest-river-bridge