Bank of Baroda inks Rs 2k cr loan pact with SRDC to repair roads in AP

07 Dec 2021 CW Team

Bank of Baroda (BOB) has partnered with the State Roads Development Corporation (SRDC) for a Rs 2,000 crore loan to expedite road repairing process in Andhra Pradesh.

Representatives of RDC and Bank of Baroda inked the loan deal on Monday. With these funds, RDC will facilitate road rehabilitation works in the state. The RDC has begun the tender process for the rehabilitation of 1,147 roads.

In the first phase, proposals were achieved for 328 works for Rs 604 crore. Proposals were recently invited for the development of 819 roads for Rs 1,601 crore in the second phase. With the recent signing of a Rs 2,000 crore loan deal with the Bank of Baroda for road restoration, the contractors were happy.

It is because RDC will put the loan amount in a separate account. Bill payments will be made right from that account to the contractors who have achieved the road works. As a result, work on the first phase tenders will now be facilitated, and more contractors are planning to take part in the second phase bids.

The Roads and Buildings are gearing up to begin work in the first week of December and achieve it by May 2022, as ordered by Chief Minister YS Jagan Mohan Reddy.

Image Source

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..