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WB loan for rural roads

WB loan for rural roads

The World Bank has approved a loan of $500 million loan for road projects in the backward areas in India. The World Bank loan will focus on three low-income states – Rajasthan, Bihar and Orissa – and on less developed regions in Karnataka and West Bengal. The National Highways Interconnectivity Improvement Project, approved on October 29, will upgrade and widen about 1,120 km of existing single/intermediate lane National Highways to two-lane in Bihar, Orissa and Rajasthan and in less developed regions of Karnataka
and West Bengal.

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