NEW DELHI: Asian Development Bank (ADB) on Thursday said it has approved a USD 200 million loan for improving road infrastructure in 34 districts of Maharashtra to better connect rural areas with markets and services.
Roads in rural areas would be upgraded to all-weather standards which will boost links between local residents and economic centres across the state, the ADB said.
It highlighted that Maharashtra accounted for almost 15 per cent of the gross domestic product in 2016-17. However, economic development is concentrated around the urban centres of Mumbai, Pune, and Thane.
