India signs USD 329 million loan agreement with AIIB for Gujarat road project
India has signed a loan agreement of USD 329 million with Asian Infrastructure Investment Bank (AIIB) for Gujarat Rural Roads Project. Project will improve the rural road connectivity and accessibility (by providing all weather road connectivity) to 1,060 villages in all the 33 districts in Gujarat state. Also, it will benefit the service providers such as public transport operators, educational institutions, hospitals, local markets and traders.
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