Observing that the state government has managed its finances well, the bank official said it has abolished some 15,000 regular positions in the last two years. It is one of the few states that has passed an anti-corruption legislation.
To fuel sustained growth, the Bank is now looking at funding two major projects in the state beginning next year - development of state highway and major district roads and another project for poverty alleviation. ‘‘These two projects would be of around $300 million,’’ the official said.
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