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.