$105 Mn Project Signed To Improve Waterway Infra In Bengal

To modify the inland waterway infrastructure in West Bengal, the Union and the state government has signed a $105 million project with the World Bank. Reforming the old jetties, the project will provide new ferries and manage traffic at busy routes. The FinMin secretary stated that the cost-effective and eco-friendly transport system will help hinterland connectivity with Kolkata and usher development. Reportedly, the loan has a maturity of 17 years.