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Lok Sabha
During 2004-05, the World Bank has approved credit/loan worth US$ 399.50 million (US$ 300 million as IDA credit and US$ 99.50 million as IBRD loan) for funding the World Bank Phase I Project of Pradhan Mantri Gram Sadak Yojana (PMGSY) in the States of Himachal Pradesh, Jharkhand, Rajasthan and Uttar Pradesh. Of this amount, US$ 380.39 million (about Rs. 1900 crore) will be for the construction of rural roads and the balance is for ancillary activities. The World Bank funds are in addition to the regular PMGSY funds.
The fixed component allocated State-wise among the four project States is as follows:
Name of the State
Amount(Rs. In crore)
Himachal Pradesh
176.60
Jharkhand
138.70
Rajasthan
403.60
Uttar Pradesh
542.30
Total
1261.20
The balance of about Rs. 639 crore will be allocated in annual tranches based on actual progress of the programme.
This information was given by Smt. Suryakanta Patil, Minister of State for Rural Development in a written reply to a question in Lok Sabha today.
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