- The Asian Development Bank (ADB) and the Government of India has signed $150 million loan to finance continued improvements to road connectivity and efficiency of the international trade corridor in northern part of West Bengal and northeastern region of India.
- The loan is tranche 2 of the agreement for the $500 million South Asia Subregional Economic Cooperation (SASEC) Road Connectivity Investment Program.
- The new loan will help upgradation of key national and state highways in Manipur and construct an important international bridge for crucial last-mile connectivity between in-country trunk road network and neighboring countries.
