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IMPRESSED BY BEST PERFORMANCE, WORLD BANK OFFERS RS. 400 CRORE LOAN TO THE PUBLIC TRANSPORT BODY

Impressed with its performance and reforms in the last three years, the World Bank has offered the BEST undertaking a Rs 400-crore loan to purchase 1,000 new buses. The World Bank has decided to offer BEST undertaking a Rs 400 crore loan to purchase new buses. The World Bank had earlier given a loan of Rs 125 crore for acquisition of 644 buses under the Mumbai Urban Transport Project (MUTP). With this, BEST aims to increase its fleet from 3,850 to 4,000 by March 2009. And BEST has been rewarded with this offer, as the World Bank recently carried out an assessment to check the progress of the MUTP. Uttam Khobragade, BEST general manager said that the World Bank team was satisfied to see that all new buses were run on compressed natural gas (CNG), which is a much cleaner fuel than regular diesel. Khobragade said nearly 2000 bus stops were given a new swanky look and there are plans to upgrade equal number in future. He added there were also plans to add new features to the bus from inside. The vehicles would be fitted with newly designed grab handles and CCTV surveillance systems. With cameraperson Ravi Nikam, Sana Warsia for NMTV News.

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