Question 1000

With which of the following has the government of India and the government of Assam signed a loan agreement of $88 million in January 2020?

Answer

World Bank

Why?

The Govt of India, the Govt of Assam and the World Bank signed a loan agreement of $88 million on 16 January 2020. It was signed to help modernize Assam’s passenger ferry sector that runs on its rivers including the mighty Brahmaputra. The Assam Inland Water Transport Project (AIWTP) will help Assam improve the passenger ferry infrastructure and its services. World Bank: Headquarters: Washington, D.C., United States.