India & World Bank signs loan agreement for construction of Green National Highway Corridors Project in 4 States
National News, March 16, 2023
India and the World Bank have signed a loan agreement for the construction of the Green National Highway Corridors Project in four States. These States are Himachal Pradesh, Rajasthan, Uttar Pradesh and Andhra Pradesh. The agreement has been signed for the construction of 781 kilometers in these States, with loan assistance of 500 million dollars.
In a written reply to a question in Rajya Sabha today, Road Transport and Highways Minister Nitin Gadkari said, the total project cost is over seven thousand 662 crore rupees. He said, the objective of the Green National Highway Corridors Project is to demonstrate safe and green highways keeping in view climate resilience and use of green technologies.