World Bank to invest $1 bn on railway, agriculture projects in Maharashtra

The World Bank will invest $1 bn (about Rs 7,000 crore) on a railway augmentation project in Maharashtra and a climate resilient agriculture project in the state's drought-affected districts. This investment is the highest when compared to any other state. The Mumbai Urban Transport Project-III is a Rs 10,000-crore project and aims at capacity building of the railway network. Another large chunk of funds is allotted for a climate resilient farming project in over 5,000 villages. Contact: The World Bank. Website: www.worldbank.org