BHOPAL: 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 said here today.
“The World Bank’s share will be 300 million US dollars and the MP state’s share is 130 million dollars,” an MP state public relations official said adding 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 (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.
In the core area of SEZ, industrial plots will be developed and in the non-core area, hotel, township conference hall, hospital, school, training centre and administrative building will be constructed.
The cabinet also sanctioned over Rs 422 crore for four irrigation projects, which would bring 13,727 hectares under irrigation, he said.
The state cabinet also gave administrative sanction of Rs 367.80 crore for constructing five main district roads measuring a total length of 228.68km.
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.