ReferIndia News Maharashtra Unveils ₹12,442-Crore Road Upgrade Plan, Secures $2 Billion AIIB And NDB Funding

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Maharashtra Unveils ₹12,442-Crore Road Upgrade Plan, Secures $2 Billion AIIB And NDB Funding

Published on: June 2, 2026, 9:14 p.m. | Source: Free Press Journal

The Maharashtra Cabinet has approved the ₹12,442-crore Maharashtra Road Improvement Project, backed by $2 billion in funding from AIIB and NDB. The programme will upgrade key highways and growth corridors over three years, aiming to improve connectivity, reduce logistics costs, enhance road safety and support industrial growth across the state.

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