Asian Development Bank to give $275 million loan for rural roads in 5 states

Asian Development Bank will provide $275 million loan for improving rural road connectivity in five states in the country.

These five state are : 

• Assam, 
• Chhattisgarh, 
• Madhya Pradesh, 
• Odisha and 
• West Bengal 

Important to Note : 

• A Joint secretary of Department of Economic Affairs, Ministry of Finance and Country Director of ADB signed the pact. 
• Ministry of Rural Development (MoRD) is the executing agency of the project at the central level and the state governments at the state level for a period of 43 months.

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