Current Affairs (Events) 2013
India and World Bank Sign Us$ 216 Million Agreement for Kerala State Transport Project [ 6/27/2013]
The Loan and Project Agreements for World Bank (IBRD) assistance of US$ 216 million for Second Kerala State Transport Project were signed between Government of India/Government of Kerala and World Bank at New Delhi today.
The Loan Agreement was signed by Shri Nilaya Mitash (Joint Secretary,Department of Economic Affairs) on behalf of Government of India and Mr. Onno Ruhl, Country Director, World Bank (India) on behalf of the World Bank. The Project Agreement was signed by Shri T.O. Sooraj, Secretary, Public Works Department on behalf of the Government of Kerala.
The Objective of the project is to improve road conditions, traffic flow androad safety with a focus on vulnerable road users on selected roads in Kerala.
Government Approves 16 Proposals of Foreign Direct Investment Amounting to About Rs.1646.875 Crore [ 6/18/2013]
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on May 10, 2013, the Central Government has approved sixteen (16) proposals of Foreign Direct Investment (FDI) amounting to Rs.1646.875crore approximately.
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Current Affairs 2013
