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ADB approves USD 300 million additional loan for Maharashtra

Sumit Arora Published On August 10th, 2021 Leave a comment

The Manila-based Asian Development Bank has approved a USD 300 million loans as additional financing for the ongoing Maharashtra Rural Connectivity Improvement Project for upgrading rural roads and connecting remote areas with markets. The additional financing will be used for improving an additional 1,100 rural roads and 230 bridges for a total length of 2,900 km in 34 districts of the state.

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The project was approved in August 2019, for improving and maintaining the condition and safety of 2,100 kilometres (km) of rural roads across Maharashtra.

Important takeaways for all competitive exams:

Maharashtra Governor: Bhagat Singh Koshyari.
Maharashtra Capital: Mumbai.
Maharashtra CM: Uddhav Thackeray.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.