STAFF WRITER 16:27 HRS IST
New Delhi, Nov 25 (PTI) India may soon get a USD 3-billion (about Rs 14,000 crore) loan from the World Bank for building roads in the country, Road and Highways Minister Kamal Nath said today.
"The World Bank President Robert B Zoellick is arriving here on December 2 and we are hopeful of getting clearance for USD 3 billion loan as sought by us for highway projects," Nath told PTI on the sidelines of a press conference today.
The Transport Ministry is working out the cost of various highway projects and may seek more funds from the World Bank during the meet, the minister said.
However, the mode of paying back the loan has not been finalised yet.
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