Saturday, October 23, 2010

World Bank gives $13 mn for Mizoram roads project

http://economictimes.indiatimes.com/news/economy/infrastructure/World-Bank-gives-13-mn-for-Mizoram-roads-project/articleshow/6791192.cms

While Haiti still suffers the devastation from the catastrophic earthquake 9 months ago without the pledged aid from the world, the IMF ( with our little Timmy as the governor)lavishes 13 million to the Mizoram State Roads Project to widen their roads to congestion.
Because god know that sitting in traffic can be a real nightmare and is so much more important than the famine and disease that the Haitians must contend with due to the over crowding of the relief camps.
Another first rate fine example of the IMF making the world a better place to live in.


WASHINGTON: The World Bank has approved a credit worth $13 million in additional financing for the Mizoram State Roads Project to continue revitalizing and modernising the state's highway system.

The project will help improve the management and carrying capacity of the core state road network in order to lower transportation bottlenecks and costs, and stimulate economic activity in the northeast Indian state, the Bank said announcing the loan on Wednesday.

The project will help widen and improve 180 km of state highways, and rehabilitate and maintain another 300 km. It will also finance improvements in equipment and training for the state Public Works Department