The Delhi-Alwar RRTS, a 164 km rapid transit system, is under construction to link Delhi with nearby cities. It aims to significantly reduce travel time and enhance connectivity.
Asian Development Bank plans Asia Pacific Infrastructure Fund to finance regional projects, focusing on debt in infrastructure projects and attracting regional and international investment.
The US financial crisis impacts India's growth, ADB lowers India's GDP forecast to 7-7.4%, citing global economic woes and fiscal imbalances.