विज्ञप्तियां उर्दू विज्ञप्तियां फोटो निमंत्रण लेख प्रत्यायन फीडबैक विज्ञप्तियां मंगाएं Search उन्नत खोज
RSS RSS
Quick Search
home Home
Releases Urdu Releases Photos Invitations Features Accreditation Feedback Subscribe Releases Advance Search
home  Printer friendly Page home  Email this page
English Release 22-October 2014
Date Month Year
  • President's Secretariat
  • President’s Diwali greetings
  • Vice President's Secretariat
  • Vice President Greets People on Deepawali
  • Prime Minister's Office
  • PM shares the link of his page for Diwali wishes
  • Min of Culture
  • Former Chief Election Commissioner, Shri N Gopalaswami appointed as Chairman of Kalakshetra Foundation Chennai
  • Min of Human Resource Development
  • Ministry of Human Resource Development Launches All India Survey on Higher Education (AISHE) 2014-15
  • Min of Micro,Small & Medium Enterprises
  • The Ministry of Micro, Small and Medium Enterprises gets ISO 9001: 2008 Certificate
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 83.73 per bbl on 21.10.2014
  • Min of Skill Development, Entrepreneurship, Youth Affairs and Sports
  • India won 3 Medals at 2nd Asian Para Games 2014 on 21st October, 2014

Previous Date

 
Ministry of Finance19-June, 2013 16:39 IST
India and World Bank Sign Us$ 216 Million Agreement for Kerala State Transport Project
The Loan and Project Agreements for World Bank (IBRD) assistance of US$ 216 million for Second Kerala State Transport Project were signed between Government of India/Government of Kerala and World Bank at New Delhi today

The Loan and Project Agreements for World Bank (IBRD) assistance of US$ 216 million for Second Kerala State Transport Project were signed between Government of India/Government of Kerala and World Bank at New Delhi today.

 

The Loan Agreement was signed by Shri Nilaya Mitash (Joint Secretary, Department of Economic Affairs) on behalf of   Government of India and Mr. Onno Ruhl, Country Director, World Bank (India) on behalf of the World Bank.  The Project Agreement was signed by Shri T.O. Sooraj, Secretary, Public Works Department on behalf of the Government of Kerala. 

 

The Objective of the project is to improve road conditions, traffic flow and road safety with a focus on vulnerable road users on selected roads in Kerala.

 

The project will have three components:

 

1.                  1. Road Network Upgrading and Safety Improvement: This component will include upgrading 363 kms of strategically important State Highways to complete network connectivity in the state with the objective of reducing travel time between key socio-economic centers.

 

2. Road Safety Management: This component will support the strengthening of the road safety management systems in Kerala with the objective of arresting the increase of crash fatalities in the state. This component will finance various initiatives building on the work already undertaken during the first project including a safe corridor demonstration project, implementation of a local level challenge fund, and advisory support for road safety activities.

 

3. Institutional Strengthening: The objective of this component is to improve the sustainability of Kerala’s state road network with respect to its functional adequacy, financial viability and capacity of key state road sector institutions to deliver road infrastructure and services that are responsive to road user needs.

 

The projects will be implemented over a period of six years.

 

*****

DSM/RS


(Release ID :96633)

Web Ratana This site is winner of Platinum Icon for 'Outstanding Web Content' Web Ratna Award'09 presented in April 2010
Site is designed and hosted by National Informatics Centre (NIC),Information is provided and updated by Press Information Bureau
"A" - Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi - 110 001 Phone 23389338
Go Top Top

उपयोग संबंधी शर्तें स्वोत्वाधिकार नीति गोपनीयता संबंधी नीति हाइपरलिंकिंग नीति Terms of Use Copyright Policy Privacy Policy Hyperlinking Policy