Categories: Economy

ADB and Centre sign agreement for Sikkim road upgradation

<p>
The Asian Development Bank (ADB) and the Centre have signed an agreement to support preparation of road upgradation in Sikkim with a commitment of $2.5 million. The project will help improve connectivity to important towns, rural areas, and pilgrimage and tourist destinations in the northeastern state.</p>
<p>
“The PRF project aims to ensure implementation readiness through feasibility studies, preparing detailed engineering designs of selected subprojects and building capacity of state agencies so that the ensuing project gets completed in a timely manner,” said Takeo Konishi, Country Director of ADB’s India Resident Mission “It will also help incorporate elements of road safety, maintenance, and climate adaptation and mitigation in the ensuing project for long-term sustainability of created assets,” he said.</p>
<p>
Sikkim is strategically located, which also connects India and China. </p>
<p>
It will also play an important part in Prime Minister Narendra Modi’s Act East policy.</p>
<p>
Meanwhile, India and Bangladesh have already resumed trans-border rail connectivity between Haldibari in West Bengal and Chilahati located across the border in Nilphamari district after almost 55 years.</p>
<p>
The area is of strategic importance and in close proximity to Sikkim.“The area especially around Nath-La Pass and even Doklam has seen several conflicts and now with an aggressive and increasingly belligerent China, India needs to protect this region. In case any other external force manages to break this corridor, India’s connectivity with the north east will be cut off,” the analyst said, adding that the new rail route will also boost trade between the two neighbours.</p>

IN Bureau

Recent Posts

PM Modi meets Nigerian President Bola Ahmed Tinubu

Prime Minister Narendra Modi met with Nigerian President Bola Ahmed Tinubu at the Presidential Villa…

12 hours ago

COP29: India expresses dissatisfaction with developed countries over climate finance

At the ongoing COP29 climate conference in Azerbaijan, India expressed dissatisfaction on the insistence of…

14 hours ago

China’s youth unemployment crisis sparks ‘pretend work’ trend, grows desperation

Rampant youth unemployment in China has left millions of young people struggling, staying at home,…

14 hours ago

Nepal and India discuss movement of third-country nationals at annual border security coordination meeting

The eighth annual Nepal-India border security coordination meeting commenced in Kathmandu on Saturday, with security…

14 hours ago

PoGB: Female students protest against teachers’ shortage in Chilas Degree College

A large group of female students from Degree College Chilas staged a protest and blocked…

1 day ago

MoS Anupriya Singh addresses 4th High-Level Ministerial Conference on AMR in Saudi Arabia

Union Minister of State for Health and Family Welfare, Anupriya Singh Patel on Saturday addressed…

1 day ago