The agreement was signed by Joint Secretary (MI) in the Ministry of Finance, Sameer Kumar Khare, on behalf of India and Vice President and Chief Investment Officer, AIIB, D J Pandian on behalf of the AIIB.
"The objective of the project is to improve the rural road connectivity and accessibility (by providing all weather road connectivity) to 1,060 villages in all the 33 districts in Gujarat state benefiting about 8 million people.
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