TODAY -
India to expedite projects in Myanmar
Assam Tribune | Kalyan Barooah | New Delhi, Oct 31
Facing long delays, the Centre has decided to expedite work on a number of ongoing projects in Myanmar, which are crucial for India’s Act East Policy.According to sources, it was envisaged that work in projects like Kaladan Road, construction of 69 bridges for the Trilateral Highway Project and construction of the Kalewa-Yargi Road would be awarded in 2016-17. However, the tendering process has not been completed due to various reasons, including the bids received being at high variance from the estimated cost of work in some cases.
The allocation under ‘Aid to Myanmar’ was Rs 400 crore in 2016-17. However, it was reduced to Rs 120 crore. For 2017-18, the allocation has been kept at Rs 225 crore. Explaining the reasons for reducing the allocation in 2017-18, sources said that the Government of India has a longstanding policy of deepening integration with Myanmar, which shares a border with four of our Northeastern states. “Such integration will not only help us meet the needs of our Northeastern states, but also further our Act East Policy,” said sources.
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* This Post is uploaded on 01 November 2017
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