How much loan amount has been approved by Asian Development Bank (ADB) to build India’s first coastal industrial corridor?
[A]$543 million
[B]$826 million
[C]$631 million
[D]$497 million [toggles][toggle title=”Answer”]

$631 million
The Asian Development Bank (ADB) has approved $631 million loan to build India’s first coastal industrial corridor between Visakhapatnam and Chennai. The fund will help develop the first key 800-km section of the planned 2,500-km long East Coast Economic Corridor and provide impetus to development on India’s eastern coast. It will also facilitate seamless trade links with other parts of South and Southeast Asia.

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