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<h1>India and ADB Sign $130M Loan Agreement to Enhance Rail Infrastructure Across Key Routes in Five States.</h1> The Government of India and the Asian Development Bank (ADB) have signed a $130 million loan agreement to enhance rail infrastructure on key routes in India. This is the second tranche of a $500 million Railway Sector Investment Program approved by ADB in 2011. The funds will support the addition of 840 kilometers of tracks on existing lines, particularly in Chhattisgarh, Orissa, Maharashtra, Karnataka, and Andhra Pradesh. The improvements aim to provide more efficient, safe, and environmentally-friendly rail services, benefiting approximately 21 million people with faster travel, reduced costs, and better market access. The project is expected to be completed by December 2018.