<h1>World Bank and India Partner on $975M Loan for Eastern Dedicated Freight Corridor to Boost Rail Efficiency.</h1> The World Bank has signed a $975 million loan agreement with the Government of India and the Dedicated Freight Corridor Corporation of India Ltd. to establish the Eastern Dedicated Freight Corridor (EDFC). This freight-only rail line aims to enhance the efficiency of transporting goods between Northern and Eastern India, alleviate congestion on existing rail networks, and improve passenger train travel times. The EDFC will be built in phases, with the first phase covering a 343-kilometer section from Khurja to Kanpur. The project will increase freight capacity, reduce greenhouse gas emissions, and support India's infrastructure agenda by shifting freight transport from road to rail.