World Bank will provide financial assistance of $160 million (approx Rs 996 crore) for a road modernisation scheme in Rajasthan.
On 2 January 2014, an agreement was signed for financial assistance of Rs 996 crore by World Bank for the Rajasthan Road Sector Modernisation Project (RRSMP).
The aim of the project is to improve rural connectivity, enhance road safety and strengthen road sector management capacity of Rajasthan.
The closing date of the project is December 2018.