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Govt approves $2.34 bln road projects - fin min

Thu Nov 12, 2009 5:26pm IST
 
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NEW DELHI (Reuters) - A government panel has approved eight road projects worth 108.8 billion rupees ($2.34 billion), the finance ministry said in a statement on Thursday.

India needs to invest $500 billion through March 2012 to upgrade its creaky infrastructure to sustain its economic growth.

(US$1=46.56 rupees)

(Reporting by Rajesh Kumar Singh; Editing by Harish Nambiar)

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