ADB to provide USD 200 mn for rural road project in Maharashtra
- Asian Development Bank (ADB) has approved a USD 200 million loan for improving road infrastructure in Maharashtra. This will cover 34 districts in Maharashtra with an aim to better connect rural areas with markets and services.
- The total cost of the project is $296 million. Out of this Maharashtra Government will provide the remaining $ 96 million.
- Apart from this, ADB has provided a technical assistance grant of USD 1 million to support the Maharashtra Rural Road Development Association (MRRDA) to improve its management performance in areas such as road safety, road asset management, contract management, and climate-resilient design.