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India signs loan agreement with World Bank for transport sector in Meghalaya

Published on November 20, 2020
Current Context: India has entered into an agreement with World Bank to modernise transport sector in Meghalaya.
India signs loan agreement with World Bank for transport sector in Meghalaya
  • They have signed an agreement of USD 120 million.
  • With the help of this fund, improvement in 300km strategic road segment will take place with the help of climate-resilient and nature-based solutions.
  • Due to this improvement in the transport sector, Meghalaya will emerge as a leading hub of trade with Nepal, Bhutan and Bangladesh.
  • This project will uplift sectors like small scale industries, agriculture areas, tourism, health and education centres in Meghalaya.
  • Also, access to a health facility will improve because of efficient road connectivity.
  • Around 500,00 people of the state will get the benefit of this improved roads connectivity.
  • This fund will help to boost the ‘Restart Meghalaya Mission’.
  • Static Part: 
    • CM of Meghalays: Conrad Kongkal Sangma
    • Governor of Meghalaya: Satya Pal Malik


Q.1 The agreement of USD 120 million was signed between India and World Bank to improve roads in which of the following state?
a. Assam
b. Maharashtra
c. Punjab
d. Meghalaya
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