Odisha signs MoU with German Bank for Urban infra development

Bhubaneswar: Odisha government and Odisha Urban Infrastructure Development 
Fund (OUIDF), a wholly owned trust of Odisha on Tuesday signed an agreement with KfW, a development of Bank of Germany to avail a concessional long term loan of Rs 440 crore ( Euro 55 million)

OUIDF CEO P K Jha and KfW Country Director India Christoph Kessler signed the agreement in the presence of Chief Minister Naveen Patnaik.

The loan would be utilized for infrastructure projects like energy efficient street lighting, reclamation and development of water bodies, solid waste management, sewerage system, water supply, storm water drainage, modern wet markets and abattoirs across the urban areas of the state.

As per the agreement the loan is to be paid over a period of ten years after a moratorium of six years commencing from December 2022 with 1.

Number of online shoppers to surpass 120M in 2018

New Delhi : A recent study has revealed that over 120 million Indian consumers are expected to shop online this year.As per an ASSOCHAM-Resurgent join...

5 startups in India which every fresher would aspire to work for

New Delhi : Employees are regarded as the only key asset on which the success and growth of a company lie. And when it comes to India, Indian employee...

FICCI's MPs delegation visit to UK give positive spin to ties

New Delhi : A FICCI's Forum of Parliamentarians will undertake a five-day visit to London from June 24 to June 28 to build a valuable track 2.0 dialog...

Cyber security, data privacy critical for growth of Digital India

New Delhi : As India continues to leapfrog into the digital revolution and brace the dream of Digital India that Prime Minister Narendra Modi has for ...