Topic: ADB
ADB’s Recent Loans to 4 States
The Asian Development Bank (ADB) recently signed a loan agreement with the Indian government to provide $1.22 billion in funding for projects aimed at improving connectivity and infrastructure...
IDMC-ADB report: southwest monsoon lasting longer, displacing millions in South Asia
The recently released joint report of the Internal Displacement Monitoring Centre (IDMC) and the Asian Development Bank (ADB) raised concerns regarding long southwest monsoon causing large-scale displacement of...
Urjit Patel – New Vice President of AIIB
Urjit Patel served as the 24th Governor of RBI (Reserve Bank of India). He was recently appointed as the Vice President of Asian Infrastructure Investment Bank. Urjit Patel...
ADB provided $1.5-billion to India for Covid response
The Asian Development Bank has provided fiscal support of 1.5 billion USD to India to fight against COVID-19 crisis. This is according to the Annual Report, 2020 of...
Rs 22 Crore granted by ADB to India for COVID 19
The multilateral funding agency, Asian Development Bank, has approved $3 million (About Rs 22 Cr) grant to India from its Asia-Pacific Disaster Response Fund to strengthen the emergency...
750 million USD loan approved by AIIB to India
On June 17, 2020, the Asian Infrastructure Investment Bank (AIIB) approved 750 million USD loan to India. The fund granted is to be used by the GoI to...
India and ADB sign 177 million USD to upgrade Maharashtra State Highways
On May 28, 2020, the Government of India and the Asian Development Bank signed an agreement to construct state highways in Maharashtra. Highlights The funds received from the...
World Bank approves 1 billion USD to India
On May 15, 2020, the World Bank approved 1 billion USD aid to India to accelerate “India’s COVID-19 Special Protection Response Programme”. The fund will be used to...
ADB approves 1.5 billion USD for India to fight COVID-19
On April 28, 2020, the Asian Development Bank approved 1.5 billion USD loan to support the Indian Government in its actions against the spread of COVID-19 crisis. The...
AIIB to finance 500 million USD projects to strengthen National Health Care Systems
The Asian Infrastructure Investment Bank is to finance 500 million USD projects in India to help the country improve its health care systems. AIIB is currently doubling its...
Major Anoop Mishra awarded Army Design Bureau Excellence Award
Indian Army Chief Gen. Bipin Rawat felicitated Major Anoop Mishra with prestigious Army Design Bureau (ADB) Excellence Award for indigenously developing ‘Sarvatra Kavach’, a bulletproof jacket that can...
