Haldia-Allahabad National Waterways-1 to get $50 mn World Bank boost.

The Haldia-Allahabad riverine trade route will receive a $50 million boost and technical support from the World Bank to build requisite infrastructure and turn it into National Waterways-1 for yearlong navigation.

'The World Bank indicated its readiness to support the programmatic approach with an initial loan assistance of $50 million including technical assistance for the first phase of the project,' Inland Waterways Authority of India (IWAI) member ( finance) and project director Pravir Pandey told PTI.


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