India’s rural roads to benefit from new programme

A loan worth US$250 million will be help pay for road development work in parts of India. The loan is being provided by the Asian Development Bank (ADB) in a deal agreed with the Indian Government. This funding will be used for road projects in five of India’s states. The work will focus on boosting connectivity and safety, particularly for rural areas. In all some 12,000km of roads will be improved with the programme. Another $250 million loan will also be provided by the ADB with this package intended to
February 6, 2018 Read time: 1 min

A loan worth US$250 million will be help pay for road development work in parts of India. The loan is being provided by the Asian Development Bank (ADB) in a deal agreed with the Indian Government. This funding will be used for road projects in five of India’s states. The work will focus on boosting connectivity and safety, particularly for rural areas. In all some 12,000km of roads will be improved with the programme. Another $250 million loan will also be provided by the ADB with this package intended to pay for India's Second Rural Connectivity Investment Programme.

Finance & Funding

Related Content

  • India developing safer roads pilot programme
    October 23, 2015
    A pilot programme to develop safer roads is being planned for India’s capital Delhi. The Indian Government is developing the programme which will see 10 roads in Delhi being redesigned in a bid to boost road safety, particularly for vulnerable road users. Once the eight month pilot programme has been completed, the aim is to introduce similar measures right across the city. In all the city-wide road revamp for Delhi will cost some US$772.14 million and will involve improving around 1,200km of roads. The aim
    Read More
  • India pushing ahead with infrastructure projects
    July 4, 2012
    Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans. Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
    Read More
  • India’s massive demand for bitumen
    March 9, 2016
    India to lead the pack in bitumen consumption - Partha Pratim Basistha reports from the Asian Bitumen Conference. In the emerging global bitumen market, demand is expected to reach 122 million tonnes by 2018. Increasing road construction activities in the fast growing markets of India and China will be the main growth drivers of the bitumen market in Asia. This was the message delivered at the 10th Asian Bitumen Conference held in New Delhi, India from 23rd-24th November 2015. The two-day event, organised b
    Read More
  • US$160mn World Bank credit for Rajasthan road modernisation project
    January 6, 2014
    The World Bank has made available US$160 million of credit for the Rajasthan Road Sector Modernisation Project in west India. Scheduled to finish in December 2018, the ambitious project aims to improve rural connectivity, as well as improving road safety and management in Rajasthan state. In recent years Rajasthan, India’s largest state by area and home to more than 68 million people, is said by the World Bank to have made considerable progress with developing its rural roads under the Prime Minister’s Gra
    Read More

Highlighted Content