State seeks $200 m World Bank aid

Chief Secretary Sudhakar Rao has said the State has sought $200 million more assistance from the World Bank for the Karnataka-State Highway Improvement Project (K-SHIP II). Rao told reporters here on Monday that the Department of Economic Affairs has already given its nod for getting a loan of $200 million from the WB for K-SHIP II. "In addition to this we have sought $200 million more assistance', he added. The Centre has also given its approval for getting a loan of $300 million from the Asian Development Project (ADB) for the same project ie K-SHIP II.

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