https://www.taxtmi.com/news?id=12386 A second tranche loan agreement under the Rural Connectivity Investment Program commits ADB ordinary capital resources and Government of India counterpart funding to construct all weather rural roads in five States. The Ministry of Rural Development is the executing agency, State Rural Roads Development Agencies implement the works, and the project covers road construction, design, safety and asset management within a defined multi year timetable and specified loan terms including term, grace period, charges and LIBOR based interest. en-us Tue, 11 Feb 2014 18:45:30 +0530 Tue, 11 Feb 2014 18:45:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12386 A second tranche loan agreement under the Rural Connectivity Investment Program commits ADB ordinary capital resources and Government of India counterpart funding to construct all weather rural roads in five States. The Ministry of Rural Development is the executing agency, State Rural Roads Development Agencies implement the works, and the project covers road construction, design, safety and asset management within a defined multi year timetable and specified loan terms including term, grace period, charges and LIBOR based interest. News - Tue, 11 Feb 2014 18:45:30 +0530 https://www.taxtmi.com/news?id=12386