AIIB injects $ 140-mn booster to rural roads

The Asian Infrastructure Investment Bank (AIIB) has approved a $140 million funds to improve rural road connectivity across 5,640 villages in Madhya Pradesh. The project, co-financed with the World Bank, aims to improve the rural road connectivity and management for residents of these villages who use rural roads for daily activities. With the investment, livelihoods of the rural population will be improved by expanding income earning opportunities through better farm-to-market road connections and the move will result in more children enrolling in higher education programs and school attendance is also expected to further improve. The road maintenance pilot under the project will employ more women, contributing to gender equality and income generation, said an official spokesperson of AIIB.