Page-2 of ADB

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 bank are to be used by the State Government of Maharashtra to ..

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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 provide social assistance to poor, severely impacted and vulnerable households. Highlights Of ..

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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 fund is to be used in disease containments, social protection and disease ..

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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 funds under COVID-19 Crisis Recovery Facility. Highlights The funding is to be ..

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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 provide protection against various ammunition including that from sniper steel bullets. Maj. ..

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ADB issues $250 million loan to India to expand energy efficiency investments

Asian Development Bank (ADB) has signed a US $250 million loan agreement with Government of India to provide loan to public sector company Energy Efficiency Services Limited (EESL) so as to expand energy efficiency investments in India that will benefit ..

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