ADB AND INDIAN GOVERNMENT SIGNED $295 MILLION LOAN TO UPGRADE 265 KM STATE HIGHWAYS IN BIHAR

The Asian Development Bank (ADB) and the Government of India have signed a $295 million loan to upgrade 265 kilometers of state highways in Bihar. The loan will be used to improve the road network in Bihar, which is one of the poorest states in India. The project will upgrade 265 kilometers of state highways … Read more

₹1,18,280 crore tax devolution for State Govts by the Centre

The Union Government has released the third instalment of tax devolution to State Governments amounting to ₹1,18,280 crore on 12th June, 2023. The distribution of the funds is as follows: SL No. State Amount (in crores) 1 Uttar Pradesh 21,218 2 Bihar 11,897 3 Madhya Pradesh 9,285 4 West Bengal 8,898 5 Maharashtra 7,472 6 … Read more