The World Bank has approved a $225 million loan for the Rajasthan Highway Modernisation Project, which aims to enhance highway efficiency, resilience, and safety in the Indian state of Rajasthan. This initiative is expected to benefit over 3 million people and stimulate job creation in key economic sectors, including agriculture, industry, mining, and tourism. The project will focus on upgrading and maintaining approximately 800 km of highway corridors, transforming the Rajasthan State Highway Authority into a modern, service-oriented agency. Emphasizing road safety management, the project aims to reduce fatalities and improve overall safety across the state. The loan from the International Bank for Reconstruction and Development (IBRD) has a final maturity of 35 years and includes a grace period of 5 years.