MP Cabinet Approves Guarantee For ₹4,600 Crore MPRDC Loan To Develop 12 Road Routes; ₹3,960 Crore For Seoni-Balaghat Highway
Bhopal (Madhya Pradesh): The State Cabinet on Tuesday approved the proposal to provide government guarantee to a loan of Rs 4,600 crore to be taken by Madhya Pradesh Road Development Corporation (MPRDC) from NABARD Infrastructure Development Assistance. Overall, proposals worth Rs 10,630 crore for infrastructure, health, cyber security and social welfare works were cleared during the Cabinet meeting.
The MPRDC will take loan to develop 12 routes to improve the road connectivity. They include Bhopal-Vidisha, Khalghat-Manawar-Mangod, Mandsaur-Sitamau, Sitamau-Basai-Suwasara, eastern Bhopal bypass 4 lane to 6 lane with paved shoulder, Neemuch-Manasa-Rampura-Jhalawad route SS 7, Indore-Depalpur route four-lane with paved shoulder, 2 lanes of State Highway 7 from Neemuch-Manasa-Rampura-Jhalawad route, Dinara-Datia-Sewda route, Agar-Sarangpur route, Soyat-Machalpur-Jeerapur route, Rahatgarh, Khurai to Khimlasa route, Singhpur-Koti-Birsinghpur Semaria Gohad-Sirmore route.
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