Latest news with #CRIDP
The Hindu
11-07-2025
- Automotive
- The Hindu
Junction improvement to be carried out at Puliancholai Road intersection near Thuraiyur
The State Highways Department will soon carry out junction improvement work at the Puliancholai Road intersection on the Thuraiyur-Athur State Highway in an attempt to reduce accidents at the spot. The work would be executed at an estimated cost of ₹92 lakh under the Comprehensive Road Infrastructure Development Programme (CRIDP). Situated at the foot of the Kollimalai, Puliancholai is a popular picnic destination in Tiruchi district. Although the road leading to Puliancholai from the Thuraiyur-Athur Road intersection was developed and strengthened in recent years, the intersection itself has emerged as an accident-prone zone. The improvement work would include widening the junction, installing signboards, and blinkers and construction of a median. The possibility of building a roundabout would be explored, sources in the Highways Department said. A team of senior officials of the department have inspected and assessed the road safety measures to be carried out at the junction. 'Frequent accidents were witnessed at the intersection as there is a slight curve on the Thuraiyur-Athur Road too at the spot. We have been seeking improvements to the junction over the past 10 years; we hope it now becomes an accident-free zone,' said N. Saravanan, a road safety activist. The Highways Department would relay the Thuraiyur-Athur Road for a distance of about 10 km at a cost of about ₹4.50 crore from the Musiri Pirivu Road, a senior official said. Besides this, the department will carry out improvements to the Thandalai Junction on Pulivalam-Musiri Road at an estimated cost of ₹1.25 crore. 'These are the two junction improvement works sanctioned for Tiruchi district under CRIDP during the current year,' a senior official said.
Time of India
07-07-2025
- Automotive
- Time of India
Racecourse Road widened, residents seek speed breakers
Trichy: The state highways department has completed road widening of a narrow portion of the Racecourse Road in Khajamalai in Trichy city at Rs2.1 crore sanctioned under the Comprehensive Road Infrastructure Development Programme (CRIDP). The narrow stretch of Racecourse Road connecting Trichy-Madurai national highway (NH) in Mannarpuram with Khajamalai was widened from seven metres to 10m. The road's width which varied has been standardised now by utilising the existing highways land. While residents have welcomed the widening, they expressed apprehension of overspeeding by two-wheelers and trucks coming to the godowns nearby, and have sought the highways department to install speed breakers to prevent accidents. "College students often walk close to the carriageway to reach bus stops. Residential streets branch off from the Racecourse Road too; new speed breakers are needed to prevent overspeeding," H Ghouse Baig, a resident of Khajamalai said. Highways department officials said that two speed breakers will be developed on the widened road. "More speed breakers require the approval of the city police," the official added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo Paver blocks will be provided as a part of the widening project for about 650m in length between the Khajamalai bus stop and SBI branch office, passing through the district collector's camp office and official quarters of judges and public works department officials.
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Business Standard
20-06-2025
- Business
- Business Standard
ADB, World Bank clear $1.5 bn loans to Bangladesh for reforms, climate push
The Asian Development Bank and the World Bank have approved loans worth $1.5 billion to help Bangladesh reform its banking sector, fight climate change among other projects, according to a media report on Friday. The Asian Development Bank (ADB) approved a $900 million loan, of which $500 million will support efforts to stabilise and reform the country's banking sector, while the remaining $400 million will promote climate-resilient and inclusive development initiatives, The Daily Star newspaper reported. The $500 million policy-based loan aims to strengthen governance, asset quality and stability within Bangladesh's banking system, the ADB said in a statement on Thursday. Separately, the ADB also approved a $400 million loan for the second phase of the Climate-Resilient Inclusive Development Programme (CRIDP) aimed at supporting Bangladesh's efforts to adapt to climate change, cut emissions and foster inclusive economic growth. Also on Thursday, the World Bank (WB) approved $640 million for two projects aimed at enhancing gas supply and improving air quality in Bangladesh. With the ADB and WB approvals, Bangladesh is set to receive more than $1.5 billion -- a development that will ease the continued strain on its foreign currency reserves.
The Hindu
20-06-2025
- Business
- The Hindu
ADB, World Bank approve loans worth $1.5 billion to Bangladesh
The Asian Development Bank (ADB) and the World Bank (WB) have approved loans worth $1.5 billion to help Bangladesh reform its banking sector, fight climate change among other projects, according to a media report on Friday (June 20, 2025.) The Asian Development Bank (ADB) approved a $900 million loan, of which $500 million will support efforts to stabilise and reform the country's banking sector, while the remaining $400 million will promote climate-resilient and inclusive development initiatives, The Daily Star newspaper reported. 'The $500 million policy-based loan aims to strengthen governance, asset quality and stability within Bangladesh's banking system,' the ADB said in a statement on Thursday (June 19, 2025). Separately, the ADB also approved a $400 million loan for the second phase of the Climate-Resilient Inclusive Development Programme (CRIDP) aimed at supporting Bangladesh's efforts to adapt to climate change, cut emissions and foster inclusive economic growth. Bangladesh wanted good ties with India, but 'something always went wrong': Yunus Also on Thursday (June 19, 2025), the World Bank (WB) approved $640 million for two projects aimed at enhancing gas supply and improving air quality in Bangladesh. With the ADB and WB approvals, Bangladesh is set to receive more than $1.5 billion — a development that will ease the continued strain on its foreign currency reserves.
Time of India
20-06-2025
- Business
- Time of India
ADB, World Bank approve loans worth USD 1.5 billion to Bangladesh
The Asian Development Bank and the World Bank have approved loans worth USD 1.5 billion to help Bangladesh reform its banking sector, fight climate change among other projects, according to a media report on Friday. The Asian Development Bank (ADB) approved a USD 900 million loan, of which USD 500 million will support efforts to stabilise and reform the country's banking sector, while the remaining USD 400 million will promote climate-resilient and inclusive development initiatives, The Daily Star newspaper reported. The USD 500 million policy-based loan aims to strengthen governance, asset quality and stability within Bangladesh's banking system, the ADB said in a statement on Thursday. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Separately, the ADB also approved a USD 400 million loan for the second phase of the Climate-Resilient Inclusive Development Programme (CRIDP) aimed at supporting Bangladesh's efforts to adapt to climate change, cut emissions and foster inclusive economic growth. Also on Thursday, the World Bank (WB) approved USD 640 million for two projects aimed at enhancing gas supply and improving air quality in Bangladesh. Live Events With the ADB and WB approvals, Bangladesh is set to receive more than USD 1.5 billion -- a development that will ease the continued strain on its foreign currency reserves.
