Q. How much loan agreement has been signed between Asian Development Bank (ADB) and Government of India (GoI) to upgrade district roads in Madhya Pradesh?
Answer: $350 million
Notes: The Government of India (GoI) and the Asian Development Bank (ADB) has signed the loan agreement for a $350 million loan to upgrade district roads in the state of Madhya Pradesh. The Madhya Pradesh District Connectivity Sector project will improve about 1,600 kilometers of major district roads in Madhya Pradesh through lane widening, surface improvements, and strengthening of culverts and bridges. The project will focus on strengthening culverts and bridges and improving accident response schemes. The loan is ADB’s first in the district roads sector in India and will address a neglected part of ongoing road network upgrades in the country for these secondary roads, which provide a key link between rural roads and state highway.
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