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India to give $1 billion line of credit to support Mongolia’s infrastructure

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By NewsGram Staff Writer

In a historic visit to Mongolia, Prime Minister Narendra Modi today announced that India will provide a line of credit of one billion U.S. dollars to support expansion of Mongolia’s economic capacity and infrastructure.

“Supporting development of human resources is the best way to secure a nation’s development. We reiterated our commitment to continue our efforts in Mongolia. India will increase the ITEC ( Indian Technical & Economic Cooperation Programme) training slots for Mongolia from 150 to 200. We will also establish an India-Mongolia Joint School,” said Modi.

Modi also highlighted the fact that how honored he is to be the first Indian Prime Minister to visit Mongolia.

“It is a special privilege to come on the occasion of two important milestones that unite us – 25 years of democracy in Mongolia and 60 years of diplomatic relations between our two countries,” expressed PM Modi.

PM Modi also handed over a sapling of the Mahabodhi Tree to the historic Gandan Monastery. “The precious gift of Mahabodhi Tree as a token of friendship from the people of India,” said the Prime Minister.

During his stay in Mogolia, PM Modi will lay the foundation stone for the expansion and upgrading of the Atal Bihari Vajpayee Center of Excellence for Information and Communication Technology. He will also visit the National Cancer Centre to gift Bhabhatron II, which is a state of art nuclear medicine cancer therapy machine, developed and manufactured in India.

 

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Modi Inaugurates Patna Metro Rail Project Through Video Conferencing

The Patna Metro Rail project will cost about Rs 13,365.77 crore. It comprises two corridors of a total length 31.39 km.

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Modi also opened the city's gas distribution at Patna and the Patna River Front Development's first phase. Pixabay

Prime Minister Narendra Modi on Sunday laid the foundation of the much-awaited Patna Metro Rail through video conferencing from Begusarai in Bihar.

Modi also opened the city’s gas distribution at Patna and the Patna River Front Development’s first phase.

The Prime Minister then launched the expansion work of Barauni’s oil refinery which would be increased to 9 million tonnes and other projects estimated to cost Rs 33,000 crore.

The Patna Metro Rail project will cost about Rs 13,365.77 crore. It comprises two corridors of a total length 31.39 km.

Narendra Modi, Patna metro
The project is expected to be completed in five years from the date of commencement. Wikimedia

In the first phase, a 33.1-km-long track having two corridors — east-west and north-south — will come up in Patna.

The west-east corridor would run between Danapur and Patna railway station via Dakbungalow Square while the south-north corridor would run between the Inter-State Bus Terminal and Gandhi Maidan via Rajendra Nagar and Ashok Rajpath.

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The project is expected to be completed in five years from the date of commencement.

Earlier, Modi flew into Patna and was welcomed by Governor Lalji Tandon and Chief Minister Nitish Kumar. All of them then took a helicopter to Begusarai, 130 km from Patna. (IANS)