ADB approves $300 million loan to expand rural connectivity in Maharashtra

Asian Development Bank

The Asian Development Bank (ADB) and the Government of India today signed a $300 million loan as additional financing to scale up the improvement of rural connectivity to help boost rural economy in the state of Maharashtra.

This is in addition to USD 200 million financing, approved by ADB in August 2019. The project is already improving and maintaining the condition and safety of 2,100 km of rural roads across Maharashtra.

Asian Development BankMaharashtra Current Affairs
Gkseries: Gkseries.com is a premier website to provide complete solution for online preparation of different competitive exams like UPSC, SBI PO, SBI clerical, PCS, IPS, IAS, IBPS PO, IBPS Clerical exam etc. & other graduate and post-graduate exams. Learn more on about us page