1. World Bank to provide $63 mn loan for ‘Tejaswini’ project

World Bank to provide $63 mn loan for ‘Tejaswini’ project

The World Bank will provide USD 63 million loan to India to empower 6.8 lakh adolescent girls in Jharkhand under the 'Tejaswini' project.

By: | Published: February 28, 2017 5:56 PM

 

About 6.8 lakh adolescent girls and young women in the project districts are expected to benefit from the programme. (Reuters)

The World Bank will provide USD 63 million loan to India to empower 6.8 lakh adolescent girls in Jharkhand under the ‘Tejaswini’ project. A Financing Agreement for International Development Association (IDA) credit of USD 63 million (equivalent) for the “Tejaswini: Socio-Economic Empowerment of Adolescent Girls and Young Women Project” was signed here last week between the bank and the government. “The project seeks to empower the adolescent girls with basic life skills and thereafter provide further opportunities to acquire market driven skill training or completion of secondary education, depending on the inclination of the beneficiary,” a Finance Ministry release said.

The project will be delivered in 17 districts of Jharkhand. It has three main component — expanding social, educational and economic opportunities; intensive service delivery; and state capacity-building and implementation support.

About 6.8 lakh adolescent girls and young women in the project districts are expected to benefit from the programme, the release said.

The closing date for the project is June 30, 2021.

Country’s first integrated heliport inaugurated in Delhi

The country’s first integrated heliport was inaugurated in the national capital today, with Civil Aviation Minister A Gajapathi Raju saying it is the first of its kind facility in South Asia.

Built by state-owned Pawan Hans Ltd, the heliport consists of a terminal building, having a capacity of 150 passengers, four hangars with parking capacity for 16 helicopters and nine parking bays.

“This is the first of its kind facility in South Asia, which has been built by Pawan Hans Ltd here,” Raju said after inaugurating the heliport, located in Rohini area of North Delhi.

The heliport also has a maintenance, repair and overhaul (MRO) facility for the upkeep of Pawan Hans fleet as well as for the third-party maintenance work.

“Helicopter and cargo are still at minuscule level in the country. If we have to take them to the higher level, it needs training (training in skill development),” the Minister said.

While stating that domestic air passenger traffic in India is seeing the fastest growth in the world, he also said, “we need to pull our socks”.

In January, domestic air traffic growth was more than 25 per cent.

The commencement of services from the heliport is also expected to reduce congestion at the Delhi airport, which currently handles about 40-50 helicopter arrivals and departures on an average per day besides the large-scale fixed-wing operations.

Minister of State for Civil Aviation Jayant Sinha, Delhi Lieutenant Governor Anil Baijal and Pawan Hans CMD B P Sharma, among others, were present at the ceremony.

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