Thursday 25 October 2012

Development package cleared for backward regions of Bihar, Odisha, UP and MP

New Delhi:(Page3 News Network)-The CCEA has cleared a proposal of Rs.3150 crore package for development of backward regions of Bihar, Orissa, Uttar Pradesh and Madhya Pradesh.
It approved continuing the state component under the Backward Regions Grant Fund in Bihar with an allocation of 1500 crore rupees in 2012-13. It also gave its nod for continuing with the special plan for Kalahandi-Bolangir-Koraput (KBK) districts in Odisha with an allocation of 250 crore rupees.
The CCEA approved the continuation of additional central assistance of 1400 crore rupees for drought mitigation efforts in the Bundelkhand region of Uttar Pradesh and Madhya Pradesh for the current financial year.
The Cabinet Committee on Infrastructure (CCI) has approved a Railway Ministry's proposal to extend the new broadgauge line from Imphal Road (Tupul) to Imphal with an updated cost of 4444 crore rupees. 
25 per cent of the total cost will be funded by railways from general budgetary support and 75 per cent from Finance Ministry. The project will cover Imphal East, Tamenglong and Senapati districts of Manipur. 
This line will connect Imphal with the national mainstream and make possible direct movement of freight and passengers from this region to other parts of the country. The project is expected to be completed by March 2016.
(News Source-Newsonair)

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