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BRICS New Development Bank has approved a $525-million loan for the infrastructure projects of this Indian state recently.

Answer» The BRICS New Development Bank has approved a $525-million loan for infrastructure projects in India. The loan will be used by the Indian government for on-lending to the Madhya Pradesh government for rehabilitating major district roads with a total length of about 2,000 km. The loan aims to improve connectivity of the rural interior with the national and state highways.


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