User: ifinews Topic: IFIs
Category: adb :: conditionalities
Last updated: Feb 12 2018 17:48 IST RSS 2.0
 
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ADB pledges USD 100 million to upgrade rural roads in Nepal 12.2.2018 General News
The ADB today said it will provide USD 100 million to Nepal government for upgrading nearly 400 km of rural roads to all-weather standards. The Rural Connectivity Improvement Project will also serve the agriculture sector and bring access to 7.5 million people in 16 districts, according to a press release issued by the Asian Development Bank (ADB) Nepal. This project is in line with the goal of the government's Agriculture Development Strategy signed in 2015 of encouraging commercial agriculture, increasing productivity, creating new rural jobs and increasing prosperity, it said. The project aims to increase transport efficiency in project areas. It is expected to improve the rural road conditions between the selected rural communities, agriculture production areas and enhance capacity of rural infrastructure agency and road users in project areas. Similarly, the ADB has also pledged to provide USD one million to restructure the Department of Local Infrastructure ...
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Many development projects miss deadlines in Kashmir 21.1.2018 General News
The development in Kashmir is a story of missing deadlines and work in progress. Many projects are under construction for the last so many years, with extensions issued to them year after year - reflecting the lack of capability of successive state governments to execute mega projects. The governments and the executing agencies blame the situation in the valley or weather conditions for not meeting deadlines - taking refuge in excuses -- which often leads to an escalation in the project costs. Kashmir valley's longest flyover from Jehangir Chowk to Rambagh here is one such example. Announced in 2009, the construction on the flyover, funded by the Asian Development Bank (ADB) at an estimated cost of Rs 359 crore, began in 2013, but the project is far from completion even after missing several deadlines. The latest was December 31, which was set by the government for the completion of phase one of the flyover -- from Tulsi Bagh to Barzulla Bridge. Then last year, the Jammu
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Local politics major roadblock for regional trade, cooperation, says Ex ADB official 19.1.2018 General News
Regional trade and cooperation between neighbouring countries is adversely affected due to local politics, said Rajat Nag, economist and former Managing Director-General, Asian Development Bank, India.
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China endorses Pak party's stand on PoK dam 18.11.2017 New Kerala: World News
China endorses Pak party's stand on PoK dam
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Tiff between 'all weather friends'? Confusion over Pakistan’s move to exclude PoK dam from CPEC 16.11.2017 DNA: Top News
Amid reports of Pakistan’s move to withdraw its bid to include Diamer-Bhasha Dam in PoK from the CPEC framework, China said on Thursday it was not aware of Islamabad’s decision but the project to connect Xinjiang and Gwadar port is “progressing smoothly for the time being”. Pakistan’s water and power development authority (Wapda) chairman Muzammil Hussain was on Wednesday quoted by the Pakistan media as saying that “Chinese conditions for financing the Diamer-Bhasha Dam were not doable and against our interests.” “I am not aware of the information mentioned by you,” foreign ministry spokesman Geng Shuang told media in Beijing when asked about Pakistan’s decision to take the dam project off the table contending that the conditions proposed by Beijing is “not doable” and goes against its interest. “I can tell you that China and Pakistan cooperation is extensive and profound,” Geng said. “As far as I know CPEC is progressing smoothly for the time being.” Briefing the Public Accounts Committee on the status ...
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Not aware of Pak's move to exclude PoK dam from CPEC: China 16.11.2017 Deccan Herald - TOP STORIES RSS FEEDS
Amid reports of Pakistan's move to withdraw its bid to include Diamer-Bhasha Dam in PoK from the CPEC framework, China today said it was not aware of Islamabad's decision but the project to connect Xinjiang and Gwadar port is "progressing smoothly for the time being." Pakistan's Water and Power Development Authority (Wapda) Chairman Muzammil Hussain was yesterday quoted by the Pakistan media as saying that "Chinese conditions for financing the Diamer-Bhasha Dam were not doable and against our interests." "I am not aware of the information mentioned by you," Foreign Ministry spokesman Geng Shua
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First cracks appear in China-Pak ties, Islamabad refuses to include dam in CPEC framework 16.11.2017 Zee News : South Asia
The Pakistani reaction comes after Beijing reportedly placed strict conditions including taking ownership of the project.
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Weak banks and corporates leave Indian economy vulnerable: IMF 11.10.2017 Latest News
Indian corporate remains highly leveraged and at high risks: IMF Counsellor
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World Bank: 250mn living in slums across East Asia, Pacific 3.10.2017 All News-IANS Stories
There are 250 million people living in poor quality housing with limited access to basic services across East Asia and the Pacific, the World Bank said in a report on Tuesday.
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Rider Ito wins 600cc category of Asia Road Racing 24.9.2017 All News-IANS Stories
Rider Yuki Ito from Japan came up with a mature ride to snatch a fine win in the premier SuperSports 600cc class as the fifth round of the Asia Road Racing Championship, hosted by the Madras Motor Sports Club, concluded at the MMRT track here on Sunday.
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Why many tribals don’t mind being ousted by dams 10.9.2017 TOI: Home
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'Odisha should transform bumper agricultural production into entrepreneurship' 31.8.2017 All News-IANS Stories
World Bank's global head for Rural Livelihoods and Agricultural Jobs Parmesh Saha on Thursday suggested that Odisha government transform the state's bumper agricultural production base into entrepreneurship by setting up more incubation centres and food processing clusters.
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Pakistan's CPEC expressway hits environment roadblock as locals protest 29.6.2017 All News-IANS Stories
The E-35, or Hazara Expressway, is a 110 kilometre under-construction expressway linking Hasan Abdal in Pakistan's Punjab province with Haripur, Havelian, Abbottabad, Mansehra, Shinkiari, Battagram and Thakot in the province of Khyber Pakhtunkhwa (KP).
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Amid water woes, Shimla civic body set to go to polls 15.6.2017 All News-IANS Stories
The Shimla civic body, one of the oldest in the country, is set to go to polls on Friday.
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Panel to survey pollution of Phalguni River, says Mayor 31.5.2017 Deccan Herald - News
The Council of the Mangaluru City Corporation decided in the monthly meeting on Wednesday to constitute a council committee to look into the issue of pollution in the Phalguni River. The pollution recently had led to the death of thousands of fish and affected the marine life in Malavoor dam. Irked over the death of a large number of fish in the Gurupura River, apparently due to pollution, Deepak Poojary, Dayanand, Mahabal Marla, Sudheer Shetty demanded action against industries that are releasing effluents directly into the river. Mayor Kavitha Sanil said that the committee will look into the cause of the pollution after inspecting the spot. Based on the report of the committee, the decision will be taken on dealing with the industries. Further, she said that she will raise the issue in a meeting related to environment in Bengaluru next week. Earlier, members had urged the MCC to serve notices to industries that release effluents into the river and disconnect water supply to such industries. Corporators ...
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Belt and Road Initiative: China's vision for globalisation, Beijing-style 17.5.2017 All Economy & Policy Stories
The BRI imagines a $1.3 trillion Chinese-led investment program creating a web of infrastructure
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Kuroda says BOJ facing 'challenging' situation amid low inflation 6.5.2017 Sify Finance
By Leika Kihara
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Poor thermal imagers restricting Army’s ability to conduct night operations in Jammu and Kashmir: Report 28.3.2017 Zee News : India National
The Army’s ability to conduct night operations in J&K is being restricted by poor battery life of hand-held thermal imagers.
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Coffee Board predicts 9% dip in production for 2016-17 season 27.3.2017 ET: Agriculture
Changing climatic conditions especially erratic rainfall and high temperature have aggravated the problem, Commerce and Industry Minister Nirmala Sitharaman said in Lok Sabha.
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Army wants next war fought with Indian technologies: General Bipin​ Rawat 24.3.2017 Zee News : India National
Indian Army Chief General Bipin Rawat on Friday said it wants to fight the next war with Indian technologies.
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