The World Bank on Tuesday approved a $1.5 billion Credit and Loan for India's Pradhan Mantri Gram Sadak Yojana (PMGSY) aimed towards improving rural accessibility of roads.

The new project will concentrate on the states of Himachal Pradesh, Jharkhand, Meghalaya, Punjab, Rajasthan, Uttarakhand, and Uttar Pradesh, the Bank said in a statement.

Over the next five years, the project will aim to