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of <h1>ADB and India Sign $150M Loan Deal to Boost Road Connectivity in West Bengal and North-Eastern India.</h1> The Asian Development Bank (ADB) and the Indian government have signed a $150 million loan agreement to enhance road connectivity in West Bengal and the North-Eastern Region of India. This is part of the $500 million South Asia Sub-regional Economic Cooperation Road Connectivity Investment Program, aiming to improve 500 kilometers of roads. The project will upgrade the Imphal-Moreh section of National Highway in Manipur, construct an international bridge between India and Nepal, and complete a state highway in Manipur. The initiative seeks to boost regional trade and connectivity, reducing transaction costs and fostering economic growth.
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