The Indian government plans to lay foundation stones for seven urban infrastructure projects in Bihar, according to a statement released on Tuesday.
These projects aim to augment infrastructure in the state, boost the lagging economy, and create demand for steel which remains hit by the COVID-19 pandemic. Of these seven, four projects are related to water supply, two pertaining to sewerage treatment. A major project also looks to develop a riverfront in the state.
A total investment of Rs5.41bn has been earmarked for the implementation of these projects to be undertaken by Bihar Urban Infrastructure Development Corporation (BUIDCO).
Earlier, Davis Index had also reported about the state of Assam announcing a slew of infrastructure projects worth Rs120bn.