AIIB approves â¹3100-cr loan to build rural roads in Gujarat
China-based Asian Infrastructure Investment Bank (AIIB) on Wednesday approved a $329-million (over â¹3,100 crore) loan to build access roads across 4,000 villages in Gujarat. The project entails construction and upgradation of district and farm-to-market roads. AIIB officials said this will contribute to improved agricultural productivity, non-farm employment opportunities and rural income.