Infrastructure support approved

摘要

A string of loans have been approved by development banks to support road construction throughout India, as well as help with disaster recovery efforts in Uttarakhand. The World Bank has approved two loans totalling US$ 660 million to support the development of India's road network. The largest loan of US$ 500 million will be put towards India's National Highways Interconnectivity Improvement Project. The scheme will upgrade and widen about 1,120 km of existing single/intermediate lane National Highways to two-lane in the states of Bihar, Orissa and Rajasthan and in less developed regions of Karnataka and West Bengal.