Loan for Green National Highway Corridor Project

The government has signed a loan agreement with the World Bank to develop the Green National Highway Corridor.
Sheena

Updated: Jul 21, 2021 02:53:35 pm

21 July 2021 Current Affairs:The government has signed a loan agreement with the World Bank to develop the Green National Highway Corridor.

Highlights:
♦ Following the adoption of the ‘Green Highways Policy' in September 2015, the Ministry of Road Transport and Highways (MoRTH) established the National Green Highways Mission (NGHM).
♦ The Green National Highway Corridor Project supports the implementation of National Green Highways Mission and provides green and safe transportation.
♦ The development goal of the Green National Highway Corridor project is to showcase safe and green national highway corridors in selected states, and to strengthen the institutional capacity of the Road Transport and Highways ministry to mainstream safety and green technologies. 
♦ India's national highways carry roughly 40% of all road traffic. However, several sections of these highways have insufficient capacity, inadequate drainage structures, and accident-prone black spots.
 
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