Maharashtra CM Devendra Fadnavis seeks World Bank support for twin projects


By: Express News Service | Mumbai |

Updated: June 16, 2018 5:18:39 am


Devendra Fadnavis and Kristalina Georgieva

Chief Minister Devendra Fadnavis met World Bank CEO Kristalina Georgieva at Washington DC. Two projects have been mooted for the World Bank’s help: rural transformation via sustainable livelihood in 10,000 villages and a multimodal transport hall within the Mumbai Metropolitan Region. Both projects elicited optimistic response from the World Bank.

“During my assembly with WB CEO Kristalina Georgieva, we mentioned rural transformation for sustainable livelihood in 10,000 villages and a multimodal transport hall in Mumbai Metropolitan Region. The World Bank has assured it might positively think about each projects.

Apart from these, the WB agreed to supply higher support for rural photo voltaic grid and drought mitigation,” Fadnavis stated. “It was notable to see the World Bank appreciating Maharashtra’s land acquisition reform policy, which mandates consent and highest compensation.” Later, Fadnavis held a collection of conferences and interactions.

The Ford Motor Company submitted a proposal of 50 million USD for establishing a Centre of Excellence for built-in mobility in Maharashtra. Clay Nesler, the vice-president, Global Sustainability and Industry Initiatives, Johnson Controls, provided to spend money on clever site visitors management programs in India.

Fadnavis additionally met David Sutton of Lockheed Martin and invited him to Nagpur. The state authorities has earmarked Nagpur as a protection hub.

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