$500 Million Loan Approved to Supports ADB for Bridge Over Ganga River in Bihar [ Current Affairs ]
A 500 million dollars loan approved by the Asian Development Bank (ADB) to build a bridge crosswise the Ganga River in Bihar which will be used to build 9.8 km road bridge in Bihar on the Ganga River. It will be the India’s longest river bridge after completion of the project.
- The New River Bridge will offer a vital transport link amongst the northern and southern parts of the state and neighboring Nepal.
- It will make it relaxed for people to travel between jobs and markets, mainly for minor societies in the north of Bihar to the south of the river.
- In all, the bridge is predictable to advantage over nine million people as it is going to assist as an alternate method to the existing Ganga Bridge, which has inaugurated to deteriorate.
- The length and height of the bridge has been intended to minimalize influences on the river itself.
- The design limitations of the bridge will also confirm that it is talented to withstand climate-related pressures such as an increase in the water level.
About Asian Development Bank (ADB)
- ADB is multilateral lending activity based in Manila, Philippines.
- It is committed to decrease insufficiency in Asia and the Pacific region through comprehensive economic growth, environmentally sustainable growth, and regional integration.
- It is cooperatively maintained by 67 members – 48 from the region counting India.
- Published on: June 28, 2016