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ADB to provide $200 million for rural road project in Maharashtra

ADB to provide $200 million for rural road project in Maharashtra_50.1

Asian Development Bank (ADB) has approved a USD 200 million loan for improving road infrastructure in 34 districts of Maharashtra. The aim of the project is to connect rural areas with markets and services. Roads in rural areas would be upgraded to all weather standards which will boost links between local residents and economic centres across the state.

Static/Current Takeaways Important For SBI Clerk Mains:

  • President of ADB: Takehiko Nakao; Headquarters: Manila, Philippines.

Source: The Financial Express

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