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UP govt in talks for Rs 13-bn ADB loan to upgrade skill development infra

UP will upgrade 275 industrial training institutes with the ADB funding by equipping them with modern equipment, machines and technologies

Narendra Modi, Yogi Adityanath
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Prime Minister Narendra Modi being welcomed by Uttar Pradesh Chief Minister Yogi Adityanath at a ground breaking ceremony to launch various projects worth Rs 600 billion, at Indira Gandhi Pratishthan in Lucknow. Photo: PTI

Virendra Singh Rawat Lucknow
With industrial and infrastructure projects worth almost Rs 1.10 trillion in the pipeline, the Yogi Adityanath government is negotiating with multilateral finance agency Asian Development Bank (ADB) for a soft loan of Rs 13 billion to upgrade the state's skill development infrastructure.  

On July 29, Prime Minster Narendra Modi had laid the foundation of projects worth over Rs 600 billion across different sectors in a high ticket event in Lucknow. Additional projects worth Rs 500 billion are in the pipeline and would soon witness a similar 'ground breaking' ceremony, Chief Minister Adityanath had announced.

The state government wants to prepare a

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