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Himachal to get 800 new rural banks by 2016

Himachal to get 800 new rural banks by 2016

Under a comprehensive Financial Inclusion Plan, the
Himachal Pradesh government proposes to open about 800 new bank branches in rural belts and remote corners of the State by 2016. The State Chief Secretary Sudripta Roy said banks will provide fresh loans amounting to Rs 11,548 crore during the current financial year in Himachal Pradesh. In the last financial year, a record number of 31 new branches were opened during the last quarter till March, 2013 out of which 25 were located in rural areas

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Himachal’s plea to World Bank over delayed road project

Himachal’s plea to World Bank over delayed road project

For building the much delayed 80-km Theog-Hatkoti road in Shimla area, the Himachal Pradesh government has requested the World Bank to allow it to invite fresh global tenders. The State dumped Longijian Road and Construction company of China for slow work on the Rs 226-crore project. The road was to be completed in 2013. Only 20 per cent of the work is completed till now.

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Himachal’s plea to World Bank over delayed road project

Himachal’s plea to World Bank over delayed road project

For building the much delayed 80-km Theog-Hatkoti road in Shimla area, the Himachal Pradesh government has requested the World Bank to allow it to invite fresh global tenders. The State dumped Longijian Road and Construction company of China for slow work on the Rs 226-crore project. The road was to be completed in 2013. Only 20 per cent of the work is completed till now.