The Madhya Pradesh government sanctioned $430 million (Rs 2,728 crore) under a World Bank Project aimed at improving higher education sector in the state, officials in Bhopal informed yesterday.
An MP state public relations official said that, “The World Bank’s share will be 300 million US dollars and the MP state’s share is 130 million dollars,” adding that it was approved in a state cabinet meeting chaired by Chief Minister Shivraj Singh Chouhan. The cabinet also gave a nod to Audyogik Kendra Vikas Nigam in Indore to develop Special Economic Zone (SEZ) and Domestic Tariff Area (DTA) on 254 acre land available for Diamond Park Project under PPP mode, he said.
Industrial plots will be developed in the core area of SEZ and the non-core area of SEZ will see the development of hotels, township conference halls, hospitals, schools, training centres and administrative buildings. The official also said that the cabinet has sanctioned over Rs 422 crore for four irrigation projects, this will bring 13,727 hectares under irrigation, he said.
Further, the state cabinet also gave administrative sanction of Rs 367.80 crore for constructing five main district roads, measuring a total length of 228.68 km. The Cabinet also took number of other decisions including constitution of State AYUSH Mission Society for implementation of National AYUSH Mission and also sanctioned creation of five new posts in ENT department of Government Shyam Shah Medical College, Rewa.