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World Bank provides $245 million to help Indian Railways carry more freight, reduce GHG emissions

TBB BUREAU NEW DELHI, JUNE 23, 2022 The World Bank’s Board of Executive Directors approved a $245 million loan to support India’s efforts to modernize rail freight and logistics infrastructure. The Rail Logistics project will help India shift more traffic from road to rail, making transport—both freight and passenger—more efficient and, reduce millions of tons of greenhouse gas emissions (GHG) ...

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