Question 1268
In March 2024, The World Bank approved how much million USD loan to improve connectivity for over 1.8 million people living in rural areas of Assam?
Answer
$452 million
Why?
The correct answer is $452 million. In News World Bank has granted approval for USD 452 million for improved connectivity in Assam. Key Points The World Bank has given its approval for a new initiative designed to enhance connectivity for over 1.8 million residents in rural areas, particularly during severe weather conditions in the state of Assam. The recently sanctioned Assam Resilient Rural Bridges Program, amounting to USD 452 million , aims to fortify the resilience and management of roads and bridges. This initiative is poised to provide year-round accessibility to wholesale markets, schools, hospitals, and workplaces for the inhabitants of 1,739 villages, particularly impacting smallholder farmer communities and tribal settlements lacking reliable connections to all-season bridges and roads. Additionally, the program aims to connect nearly 633,000 women-led textile and handicraft producers residing within 2 km of roads or collection points. Additional Information World Bank Established in - 1944 HQ - Washington D.C President - Ajay Banga
